The Hong Kong dollar interbank interest rates are generally rising, with overnight interest rates rising above 3%. The one-month period ending seven consecutive declines.

The Hong Kong dollar interbank interest rates are generally rising, with overnight rates rising by 30 basis points to 3.02238%, and the one-month interbank rate related to mortgage loans ending a seven-day decline, reporting 3.8%. The three-month interbank rate, reflecting the cost of bank funds, has fallen to 3.91821%, continuing to see its lowest level since February 17, while the six-month rate has risen to 4.01137%, and the one-year rate is at 4.07619%. The Hong Kong dollar exchange rate fluctuated between 7.7708-7.7724 this morning, and is currently at 7.7712. The Hang Seng Index opened lower by 115 points this morning, and continued to decline after, hitting a low of 23,705 at one point, with the latest decline narrowing slightly to 490 points.