Hong Kong dollar interbank rates are generally rising. The one-month interbank rate has stopped falling and rebounded to 3.43%.
According to the Wise Finance APP, on October 31st, the Hong Kong Interbank Offered Rate (HIBOR) generally rose, with the overnight rate at 3.85667%, up by 78.203 basis points. The one-week HIBOR fell by 5.881 basis points to 3.44077%, while the two-week HIBOR dropped by 6.595 basis points to 3.38191%. The one-month HIBOR, which is related to mortgages, stopped falling and rose to 3.42911%, an increase of 1.375 basis points.
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