The latest news from the Korean Central News Agency indicates that South Korean President Yoon Suk-yeol announced a state of emergency at an urgent press conference tonight (3rd) for the purpose of "immediately #消滅親朝反國家勢力 ", while also protecting the order of the free constitution and rebuilding a free democratic nation. As soon as the news broke, the Korean won rapidly depreciated, with the exchange rate against the US dollar reaching the highest level in two years at 1422.20 points, a total depreciation of 0.9%, to 1,419.38 won per 1 dollar. Weekly King

According to South Korean media reports, Yoon Suk-yeol earlier delivered an emergency speech at the Blue House in Yongsan, citing #國會試圖顛覆政府 as one of the reasons for announcing #戒嚴 , stating "Our National Assembly has become a den of criminals who are trying to paralyze the country's judicial and administrative systems through legislative dictatorship, overthrowing the free democratic system." He further stated, "The National Assembly, which should have been the foundation of free democracy, has become a monster that destroys the free democratic system." Weekly King website $XRP What caused the currency price drop?