During afternoon trading in New York on Wednesday, the offshore CNH/USD fell 0.5% to an intraday low of 7.3227, the lowest level since November 2023. This follows the Federal Reserve's third consecutive meeting in which interest rates were lowered, but the dot plot implied fewer rate cuts in 2025.
离岸人民币跌至2023年以来最低 受美联储鹰派基调影响
Offshore CNH has fallen to its lowest level since 2023, influenced by the hawkish tone of the Federal Reserve.
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