The Democratic Party of Korea has proposed an impeachment motion against Acting President and Prime Minister Han Duck-soo, with a vote scheduled for tomorrow. Amid this political uncertainty, the Korean won continues to weaken. The won/dollar exchange rate broke through 1,465 won at 10:21 AM, reaching its highest level in 15 years and 9 months.
On the 26th, the won/dollar exchange rate started at 1,455.2 won, down 1.2 won, and fluctuated in the 1,460 won range. As of 10:21 AM, it rose to 1,465.5 won, the highest level since March 16, 2009 (1,488.0 won).