North Korea introduces strict currency exchange restrictions for foreigners



News North Korea introduces strict currency exchange restrictions for foreigners New rules mean diplomats can only exchange $100 a day per person Chad O'Carroll October 29, 2020 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON NK News North Korean authorities on Thursday imposed strict new restrictions on how much money foreigners living in the capital can exchange each day, also limiting the locations currency exchanges are possible to just one. The development comes amid growing economic problems and the state's recent commencement of an 80-day productivity "battle," ostensibly designed to bolster the nation's flailing economic performance. North Korean authorities on Thursday imposed strict new restrictions on how much money foreigners living in the capital can exchange each day, also limiting the locations currency exchanges are possible to just one. The development comes amid growing economic problems and the state's recent commencement of an 80-day productivity "battle," ostensibly designed to bolster the nation's flailing economic performance. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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North Korea introduces strict currency exchange restrictions for foreigners

New rules mean diplomats can only exchange $100 a day per person

Chad O'Carroll October 29, 2020

North Korea introduces strict currency exchange restrictions for foreigners

NK News

North Korean authorities on Thursday imposed strict new restrictions on how much money foreigners living in the capital can exchange each day, also limiting the locations currency exchanges are possible to just one.

The development comes amid growing economic problems and the state's recent commencement of an 80-day productivity "battle," ostensibly designed to bolster the nation's flailing economic performance.

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Chad O'Carroll

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