In the aftermath of Yoon Suk Yeol's president's declaration of emergency martial law, the won's price plummeted.
In the Seoul foreign exchange market, the won-dollar exchange rate was traded at 1,425 won as of 2 a.m. today (4th).
The exchange rate, which reached 1,402 won at 3:30 p.m. yesterday, rose quickly on the news of the declaration of emergency martial law.
It once soared to 1,446.5 won during the night.
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.
Since then, the exchange rate has traded with a reduced rise as the National Assembly passed a resolution calling for the lifting of the emergency martial law.
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