Report: N.Korea’s foreign exchange earnings set to decrease | NK News
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October 15, 2024
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Report: N.Korea’s foreign exchange earnings set to decrease

Chinese use of N.Korean minerals declining due to oversupply, pollution, resulting in dim prospects

An expert has forecast a high probability of North Korea’s foreign exchange earnings decreasing or stalling.

In a report on North Korea's prospects for foreign exchange released Thursday, Kim Suk-jin of the Korea Institute for National Unification (KINU) estimated that exports of minerals to China, by far the largest share of the North’s foreign currency, will decrease or remain sluggish.

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