Hong Kong Dollar Interbank Interest Rate dropped sharply again, with the one-month rate hitting a new three-month low at 2.28%.

According to the eToro financial news app, on November 19th, the Hong Kong dollar interbank borrowing rate plummeted again, with the one-month interbank borrowing rate related to property mortgages hitting a new low of 2.28369%, a decrease of 59.393 basis points; while the three-month interbank borrowing rate reflecting bank funding costs dropped to 3.05774%, a decrease of 35.797 basis points.