Hong Kong dollar interbank rates have generally weakened, with overnight rates reaching new lows in the past two weeks.
On November 20th, the Hong Kong dollar interbank interest rates generally softened, with overnight rates falling by about 2 basis points to 3.7606%, hitting a two-week low, while the one-month interbank interest rates related to the property market dropped to 4.13077%.
On November 20th, the Hong Kong dollar interest rates generally weakened, with the overnight rate falling by about 2 basis points to 3.7606%, reaching a new low in two weeks. The one-month interbank rate related to mortgages also fell to 4.13077%.
The three-month interbank rate reflecting the cost of bank funds fell to 4.31423%, hitting a one-week low. The six-month interbank rate ended its two-day decline, rising to 4.1872%, while the one-year rate fell to 4.1125%.
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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.

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