The exchange rate of Hong Kong dollar hit a one and a half month high, general interest rates are rising, and the six-month period is back above 4%.

13:36 21/02/2025

The Hong Kong dollar interbank interest rates also rose across the board, with the one-month interbank rate related to mortgages inching up to 4.05946%.

The Hong Kong dollar exchange rate hit a new high this morning, reaching 7.7711 against the US dollar, the strongest since January 7th. The Hong Kong dollar interbank interest rates also rebounded almost across the board, with the one-month interbank rate related to mortgages rising slightly to 4.05946%. The three-month interbank rate, reflecting the cost of bank funds, also rose to 4.06196%. Overnight rates fell for the second consecutive day, hitting a low of 3.8381%. The six-month interbank rate returned to over 4%, while the one-year rate also rose to 4.117629%.

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.