The Hong Kong dollar interbank interest rate continues to fluctuate, with a one-month interbank interest rate reported at 2.95%.

According to the Intelligent Finance APP, on June 29th, the movements of Hong Kong Interbank Offered Rate (HIBOR) continued to fluctuate. The one-month HIBOR related to mortgages reported 2.94839%, a decrease of 1.09 basis points; while the three-month HIBOR reflecting the cost of bank funds reported 2.97369%, a decrease of 1.208 basis points.