The Hong Kong Interbank Offered Rate (HIBOR) generally weakened, with the overnight rate falling for two consecutive days to 3.9%.
On December 13, the Hong Kong dollar interest rates fell across the board today.
On December 13th, the Hong Kong dollar interest rates softened, with the overnight rate falling for the second consecutive day to 3.9%. The one-month interbank rate related to property mortgages also stopped its four-day increase, reaching 4.47238%, setting a new high in nearly two and a half months.
The three-month interbank rate, reflecting the cost of bank funds, ended its three-day increase at 4.3528%. The six-month rate fell to 4.14381%, while the one-year rate remained at 4.1%. However, the two-week rate rose for four consecutive days to 4.17869%.
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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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