Hong Kong dollar interbank rates generally rise, with overnight rates hitting a near three-week high.

13:41 18/12/2024

On December 18, the Hong Kong dollar interbank interest rates generally rose, with the short-term interest rates showing a significant increase.

On December 18, the Hong Kong dollar interbank interest rates generally rose, with short-term rates increasing significantly. The overnight rate rose by 40 basis points to 4.3%, reaching a near three-week high. The one-month interbank rate related to the property sector also rose for the third consecutive day, reaching 4.48357%, the highest since October 8. The three-month interbank rate, reflecting the cost of bank funds, stopped rising for two consecutive days, slightly dropping to 4.35286%. However, the six-month and twelve-month rates increased to 4.16018% and 4.1125%, respectively. The one-year rate continued to be maintained at 4.1%.

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.