Unofficial market exchange rates stable in Pyongyang, NK Pro data shows
Despite reports of dollar value surge in some areas, NK Pro data indicates stability
Unofficial market exchange rates are stable in Pyongyang despite reports about a recent spike and fears of economic instability, data obtained by NK Pro shows.
While the Daily NK said that the dollar had risen by almost ten percent in two weeks – to as high as 8,760 KPW – data seen this week by NK Pro from Pyongyang showed the rate to be 8,250 KPW / $1.
The NK Pro figures showed the KPW/dollar exchange rate to be consistent from at least August 10, even lowering from rates obtained earlier in April, May, and June.
One analyst said
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