The South Korean won experienced one of the steepest depreciations globally in December 2024, driven by political turmoil following the short-lived imposition of martial law, according to data released Sunday.

South Korea’s impeached president has denied that he ordered the military to drag lawmakers out of the National Assembly to prevent them from voting to reject his martial law decree last month, as he appeared for the first time before the Constitutional Court that will determine his fate.

South Korean President Yoon Suk Yeol attended on Tuesday a Constitutional Court hearing of his impeachment trial where he denied ordering military commanders to drag lawmakers out of parliament during his short-lived bid to impose martial law.