HKD HIBOR Falls Across The Curve, One-Month Rate Hits Lowest Since July 13

Hong Kong dollar interbank rates fell across the curve, with the one-month HIBOR, which is linked to mortgages, down for a second straight day to 2.67988%, the lowest since July 13, when it stood at 2.66042%, according to Ming Pao. The one-month HIBOR fell 3.56 basis points from the previous session. The last time it declined for two consecutive days was July 17, when the rate was 2.75%.