According to Zhitong Finance APP, the Hong Kong dollar interbank offered rate has almost risen across the board, with a noticeable increase in short-term rates. The overnight rate surged nearly 86 basis points to 3.88191%, reaching a new high in over two weeks, while the one-week and two-week interbank rates also rose by about 0.5%. The one-month interbank rate, related to mortgage loans, has risen for two consecutive days, reporting 3.9128%, the highest since February 28. The three-month interbank rate, reflecting the cost of bank funds, rebounded to 3.97643%, marking the highest level since March 5, while the six-month interbank rate remained at 4.01137%, and the one-year rate rose to 4.09173%.
After reaching a new high of 7.7666 Hong Kong dollars to 1 US dollar yesterday, the Hong Kong dollar exchange rate today peaked at 7.7668 Hong Kong dollars, close to yesterday's high. The latest rate is 7.7685 Hong Kong dollars, the same as the previous day's closing price. Morgan Stanley warned that US stocks may decline further, coupled with US President Trump's visit, where he did not rule out the possibility of an economic recession, leading to a sharp drop in US stocks overnight.
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The Hong Kong dollar interbank offered rate (HIBOR) has risen almost across the board, with a noticeable increase in short-term rates. The overnight rate surged nearly 86 basis points to 3.88191%, reaching a new high in over two weeks, while the one-week and two-week interbank rates also rose by about 0.5%. The one-month HIBOR, which is related to mortgage rates, has increased for two consecutive days, reporting 3.9128%, the highest since February 28. The three-month HIBOR, reflecting banks' funding costs, has rebounded to 3.97643%, marking the highest level since March 5. The six-month HIBOR remains at 4.01137%, and the one-year rate has risen to 4.09173%. After reaching a new high of 7.7666 HKD to 1 USD yesterday, the Hong Kong dollar exchange rate peaked today at 7.7668 HKD, close to yesterday's high. The latest rate is 7.7685 HKD, unchanged from the previous day's closing price. Morgan Stanley warned that U.S. stocks may decline further, coupled with U.S. President Trump's comments during his visit that a recession could occur, leading to a sharp drop in U.S. stocks overnight

- The Hong Kong interbank offered rates have increased significantly, with the overnight rate rising nearly 86 basis points to 3.88191%, the highest in over two weeks.  
- The one-month HIBOR has also risen for two consecutive days, reaching 3.9128%, the highest since February 28, while the three-month rate has climbed to 3.97643%.  
- Following a peak of 7.7666 HKD to 1 USD, the Hong Kong dollar exchange rate remains stable at 7.7685 HKD, amid warnings from Morgan Stanley about potential declines in U.S. stocks and concerns over a possible economic recession.  

Zhitong

Morgan Stanley

Hong Kong dollar interbank offered rates rose almost across the board, with the one-month rate reaching a weekly high and the overnight rate increasing by nearly 86 basis points