Hong Kong dollar interbank rates have almost all fallen, with only overnight rates rising for four consecutive days, reaching a one-week high.
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On October 31st, the Hong Kong dollar interbank rates experienced a nearly across-the-board decline. The overnight rate, however, rose for four consecutive days, reaching a new weekly high of 4.52905%. In contrast, the one-month interbank rate, which is closely related to mortgage rates, fell to its lowest level since October 19th, at 4.9047%.
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