Short-term interest rates have fallen across the board in the past month, with one-month rates hitting a nearly two-month low.

According to the Dolphin Research APP, the Hong Kong dollar interbank rates showed a trend of short-term decline and medium-to-long-term increase today. Interbank rates for one month and below have all decreased, with overnight rates falling to 4.38119%, and one-month rates related to property mortgages also dropping to 4.83792%, the lowest since September 12. However, the three-month interbank rate has further increased to 5.24661%, maintaining a spread of 40 basis points with the USD LIBOR rate during the same period. The six-month rate has risen to 5.3225%, while the one-year rate remains at 5.45232%. The Hong Kong dollar exchange rate reached a high of 7.8198 this morning, the strongest since October 27, and the latest quote is 7.8203, up 0.006% from the previous closing price.