Hong Kong Dollar interest rates are dropping across the board. The one-month interest rate is reported at 3.42%.
On October 15th, the Hong Kong dollar interest rates all fell, with the one-month HIBOR related to mortgages reporting 3.42417%, a decrease of 8.006 basis points.
On October 15th, Hong Kong dollar interest rates all fell, with a one-month interbank rate related to property mortgages dropping by 8.006 basis points to 3.42417%, while the three-month interbank rate, reflecting the cost of bank funding, dropped by 4.16 basis points to 3.53066%.
The overnight rate fell by 21.917 basis points to 3.34476%, while the one-week interbank rate dropped by 11.345 basis points to 3.37232%, and the two-week rate dropped by 7.148 basis points to 3.41429%. In terms of longer-term rates, the six-month interbank rate dropped by 3.714 basis points to 3.4%, while the one-year rate dropped by 4.286 basis points to 3.3225%.
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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.

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