Hong Kong dollar interest rates fluctuated slightly, with the one-month interbank offered rate decreasing slightly to 4.17274%.

The Hong Kong dollar interest rates remained stable today, with only the one-week and two-week rates rising by nearly 11 basis points each. The overnight rate fell by less than 1 basis point to 4.11679%, while the one-month rate related to mortgages also slightly decreased to 4.17274%. The three-month interbank rate, which reflects the cost of bank funds, stood at 4.14381%, while the six-month and one-year rates dropped to 4.1431% and 4.15446% respectively. The Hong Kong dollar exchange rate fluctuated between 7.7739 and 7.7771 earlier in the day, and is currently at 7.7756, up 0.02% from the previous closing. According to data from the Hong Kong Monetary Authority, Hong Kong banks borrowed 2 billion Hong Kong dollars in overnight liquidity from the HKMA yesterday (7th), the first time this year. The surplus in the Hong Kong banking system has decreased today to around 44.8 billion Hong Kong dollars.