Interest rates on Hong Kong dollars are generally declining, with the one-month rate falling for the fifth consecutive day to 2.57%.
According to the Zhitong Finance and Economics APP, on May 20th, the Hong Kong dollar interbank rates generally fell, and the one-month interbank rate related to mortgages fell for 5 consecutive days to 2.57262%, a decrease of 2.738 basis points; the three-month interbank rate reflecting the cost of bank funds was 2.80994%, a decrease of 3.863 basis points.
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