Hong Kong dollar interbank rates were mostly softer today, with overnight rates slightly dropping to 3.0576%.

On April 9th, the Hong Kong dollar exchange rate was seen at 7.7646 against the US dollar, the strongest since December 31st of last year, and the latest report is 7.7650, up 0.08% from the previous closing price. The Hong Kong dollar interest rates are mostly soft, with no major changes. Overnight interest rates fell slightly by nearly 3 basis points to 3.05762%, while the one-month interbank rate related to the mortgage rose for the second consecutive time, reporting 3.5%. The three-month interbank rate, reflecting the cost of bank funds, remained at 3.8%, while the six-month and one-year rates fell to 3.84167% and 3.93351% respectively.