Following the dismissal of the first impeachment motion against President Yoon Suk-yeol on December 9, South Korea's stock market experienced a sharp decline. The KOSPI fell 2.78% to close at 2,360.58, while the KOSDAQ dropped 5.19% to close at 627.01. This is due to investors withdrawing from the Korean market amid concerns about prolonged political uncertainty. The exchange rate also surged sharply, threatening the 1,440 won level and widening volatility. Experts warn that if political instability continues, sustained high exchange rates will trigger inflation and accelerate domestic demand contraction. Meanwhile, Bitcoin continues its upward momentum, hitting record highs day after day as investors anticipate benefiting from cryptocurrency-friendly policies under President Trump's election.
