The Hong Kong Interbank Offered Rate (HIBOR) has generally decreased, with the overnight rate falling significantly by 65 basis points to 3.82345%.

13:52 12/11/2024

On November 12, the Hong Kong dollar interbank interest rates generally trended lower, with the overnight rate falling significantly from its high this month by 65 basis points to 3.82345%.

On November 12th, the Hong Kong dollar interbank rates generally trended lower. Overnight interbank rates fell sharply by 65 basis points to 3.82345%, ending a three-day rise in the one-month interbank rates related to mortgage loans, which also slightly dropped to 4.13131%. The three-month interbank rates, reflecting the cost of bank funds, rose for four consecutive days, reaching 4.30994%, the highest since October 28th. The six-month and one-year interbank rates fell to 4.18435% and 4.08821% respectively.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.