HKD interbank rates fall broadly; one-month rate drops for a third straight day to 2.71%, a more than seven-week low.

Zhito Finance APP has learned that on October 16, Hong Kong dollar interbank rates generally fell, with the one-month interbank rate related to mortgage loans reported at 2.70780%, down 3.012 basis points; the three-month interbank rate, which reflects banks' funding costs, reported at 3.28571%, down 2.286 basis points.