Despite the Federal Reserve (Fed) cutting rates, the rekindling of the artificial intelligence (AI) bubble narrative is once again shaking the won-dollar exchange rate, which had been staying in the 1,470-won range. With the rate not falling amid a dollar supply-demand imbalance and various headwinds, some expect the annual average rate to reach the 1,400-won range for the first time on record. As the increase in overseas investment by the National Pension Service, companies, and households ...