The won weakened more than 2% against the US dollar. The country’s assets are among the world’s worst performers during the period.
As South Korea’s political crisis enters its second week and hurts its stocks and currency, investors are looking at policy tools that can be deployed should the rout deepen.
The Kospi Index has lost 5.6% since President Yoon Suk Yeol’s botched martial law imposition, while the small-cap Kosdaq Index has slid even more.
