#Latest news with #interbankratesCNA09-05-2025BusinessCNAHong Kong interbank rates drop to near 3-year low after FX interventionHong Kong interbank rates fell further on Friday to hit the lowest level in nearly three years, reflecting an infusion of cash from the city's de-facto central bank. The overnight Hong Kong Interbank Offered Rate (HIBOR) dropped to 0.09786 per cent, the lowest level since July 2022.
CNA09-05-2025BusinessCNAHong Kong interbank rates drop to near 3-year low after FX interventionHong Kong interbank rates fell further on Friday to hit the lowest level in nearly three years, reflecting an infusion of cash from the city's de-facto central bank. The overnight Hong Kong Interbank Offered Rate (HIBOR) dropped to 0.09786 per cent, the lowest level since July 2022.