The Hong Kong dollar interest rates have almost all fallen. The one-month interbank interest rate has reached a nearly four-month low.

On January 22, the Hong Kong dollar interbank rates almost all fell, with the overnight rate falling by about 24 basis points to 2.80500%, but the one-week rate rose by nearly 46 basis points to 3.86893%. The one-month interbank rate related to mortgages fell for two consecutive days to 3.88244%, hitting a near four-month low; while the six-month and one-year rates both stood at 3.96702%.