The Hong Kong dollar interbank interest rates are generally softening, with one-month interbank rates reaching a weekly low.

13:39 18/11/2024

On November 18, the Hong Kong dollar interbank interest rates softened across the board today, with the one-month interbank rate related to mortgages stopping two consecutive increases and reporting at 4.12524%.

On November 18th, the Hong Kong dollar interbank interest rates softened today, with the one-month interbank rate related to property mortgages stopping its two consecutive increases, and dropping to 4.12524%, hitting a new low in over a week. However, the overnight rate rebounded by 2 basis points to 3.89762%. The three-month interbank rate, which reflects banks' funding costs, ended its seven consecutive increases, reaching 4.3178%. The six-month and one-year rates dropped to 4.17369% and 4.11179% 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.