The South Korean currency weakened past one-thousand-480 won in intraday trading on Friday. 

Friday’s Seoul closing spot rate at 3:30 p.m. stood at one-thousand-467-point-five won against the greenback, two-point-seven won weaker than Thursday. 
 
After opening at one-thousand-467-point-five won per dollar, the exchange rate briefly buckled to one-thousand-481-point-six-eight won during intraday trading against the dollar, the highest level in 15 years and 9 months, since March 2009 during the financial crisis.

The exchange rate, which saw minimal depreciation the previous day, weakened briefly following Acting President Han Duck-soo's public address regarding his decision to defer the appointments of three justices to the Constitutional Court. 

The Bank of Korea's indication of a possible rate cut, driven by concerns over a domestic economic slowdown, has also had an adverse impact on the exchange rate.