The Hong Kong dollar interbank rates have been falling continuously for four days, with the one-month rate dropping below 4% to its lowest level in three and a half months.
Hong Kong dollar interbank interest rates have been decreasing for four consecutive days, with overnight rates falling by 15 basis points to a low of 3.44333%, the lowest since September 19th of last year.
The Hong Kong dollar interbank interest rates have been falling for four consecutive days, with the overnight rate dropping another 15 basis points to a low of 3.44333%, the lowest since September 19 last year. The one-month interbank rate related to property loans also fell for five consecutive days to 3.99%, the lowest since September 23 last year.
The three-month interbank rate, which reflects the cost of bank funds, decreased by 5 basis points to 4.00351%, reaching a new low for over three and a half months. The six-month and one-year rates also dropped to 4.03881% and 4.04637% respectively.
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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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