Remittance Brokers, This Time 'Rip-Off Exchange Rates'?… Fraudulently Calling on Rates to Plunder the Difference

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It has been reported that some remittance brokers operating in North Korea's border regions are pocketing additional profits by applying exchange rates higher than those circulating in the actual market when delivering money to recipients within North Korea. It is said that as high remittance fees are compounded by exchange rate arbitrage, the actual amount of money delivered to the recipients is further decreasing. On the 12th, a DailyNK source…