The Hong Kong dollar interest rates have all decreased. The one-month interbank rate is reported at 2.93%, and the overnight rate has seen the largest decline since May.
According to the Wise Finance APP, on December 1st, Hong Kong dollar interest rates all fell. The one-month Hong Kong Interbank Offered Rate related to property loans has fallen for two consecutive days, with a rate of 2.93488%, a decrease of 24.798 basis points. The three-month Hong Kong Interbank Offered Rate, reflecting bank funding costs, is at 2.94107%, a decrease of 23.06 basis points. The overnight rate is at 1.18976%, a decrease of 189.714 basis points, marking the largest decrease since May.
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