The won is plummeting as Yoon Suk Yeol's president declared a state of emergency.
In overnight trading at the Seoul foreign exchange market, the won-dollar exchange rate once exceeded 1,440 won.
The exchange rate, which reached 1,402 won at 3:30 p.m. yesterday, quickly rose on the news of the declaration of the emergency martial law.
It is the highest level in more than two years since October 2022, when the U.S. Federal Reserve's high-intensity tightening caused the dollar to strengthen.
The exchange rate is moving around 1,420 won due to a decrease in the rise as the National Assembly passed a resolution calling for the lifting of emergency regulations.
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