Analysis Daily NK and NK Pro foreign exchange rate data: a tale of two markets?Taken together, the figures offer a revealing picture of short-term changes in DPRK monetary policy NK Pro has been providing its subscribers with updated market exchange rate data since May of this year. The series now contains five months of data, and is an interesting counterpoint to Daily NK’s long-standing exchange rate and consumer prices index, compiled since the late 2000s. NK Pro’s index is largely for the city of Pyongyang, while Daily NK compiles data on three cities. Whereas NK Pro’s data is based on outlets accessible to foreigners, the Daily NK index is based off reports from North Koreans inside the country. Nonetheless, the two © Korea Risk Group. All rights reserved. |