Interest rates on Hong Kong dollars have generally trended downwards, with the one-month interest rate falling for the fourth consecutive day to 3.12%.
According to the Wise News Finance APP, on November 6th, Hong Kong dollar interbank rates generally decreased, with the one-month Hong Kong Interbank Offered Rate (HIBOR) related to mortgages falling for four consecutive days, reporting 3.11845%, a decrease of 4.286 basis points. The three-month HIBOR, reflecting the cost of bank funding, reported 3.46982%, an increase of 1.696 basis points.
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