Hong Kong dollar interest rates are all falling. The one-month interest rate ended two consecutive increases, reporting 3.838%.
On March 12th, the Hong Kong dollar interbank rates are all down today.
On March 12th, the Hong Kong dollar interbank rates all fell today, with the overnight rate significantly dropping by 61 basis points to 3.27226%, and the one-month rate, which is related to mortgage loans, also ended its two-day rise, falling from a high of over a week to 3.83792%.
The three-month interbank rate, which reflects the cost of bank funds, fell to 3.91536%, while the six-month and one-year rates dropped to 4.00946% and 4.05923% respectively.
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