The Hong Kong dollar interbank interest rate has developed differently, with the one-month interest rate hitting the lowest level in nearly three weeks.

24/07/2025

On July 24, the Hong Kong dollar interbank interest rate showed divergent developments, with the one-month interbank offer rate related to the property sector stopping its two-day consecutive increase and dropping by 3.96 basis points to 0.89857%, the lowest since July 4.

On July 24th, the Hong Kong dollar interest rates developed differently, with the one-month interbank offer rate (HIBOR) related to mortgages falling by 3.96 basis points to 0.89857%, marking its lowest level since July 4th. The three-month HIBOR, which reflects banking funding costs, fell by 1.821 basis points to 1.7628%. The overnight rate rose by 3.518 basis points to 0.2203%, while the one-week rate increased by 4.143 basis points to 0.36268%, and the two-week rate rose by 0.072 basis points to 0.59167%. In terms of longer-term rates, the six-month HIBOR fell by 2.274 basis points to 2.41536%, while the one-year rate decreased by 0.214 basis points to 2.88762%.

Hong Kong Tourism Board: Approximately 24 million visitors traveled to Hong Kong in the first half of the year, a 12% increase compared to the same period last year.

The world is changing fast! Six months ago, a 15% tariff would have scared the market, but now it is actually good news.

ECB Executive Board member Cipollone: Economic "contradictory signals" intertwined, interest rate decision needs clearer guidance.

Hong Kong Tourism Board: Approximately 24 million visitors traveled to Hong Kong in the first half of the year, a 12% increase compared to the same period last year.

The world is changing fast! Six months ago, a 15% tariff would have scared the market, but now it is actually good news.

ECB Executive Board member Cipollone: Economic "contradictory signals" intertwined, interest rate decision needs clearer guidance.