Current Date 11 Apr, 2025

South Korean won strengthens before impeachment verdict on President Yoon.

The South Korean won gained 1% before the Constitutional Court's verdict on President Yoon Suk Yeol's impeachment. The KOSPI index remained relatively flat. Analysts predicted the court would uphold the impeachment, potentially impacting the won's value further. South Korean authorities have been actively supporting the currency recently. The country also faces economic challenges including recent tariffs imposed by the US.