Interest Rate Decision
Hong Kong Three Month Interbank Rate increased to 0.47 percent on Friday August 28 from 0.46 percent in the previous day. The Hong Kong Monetary Authority/HKMA lowered its base rate by 25 basis points to 2.0 percent on October 31th, 2019.
Deposit Interest Rate in Hong Kong increased to 0.04 percent in 2018 from 0.01 percent in 2017. Interest Rate in Hong Kong averaged 3.29 percent from 1998 until 2020, reaching an all time high of 8 percent in May of 2000 and a record low of 0.50 percent in December of 2008. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.
This page provides - Hong Kong Prime Lending Rate - actual values, historical data, forecast, chart, statistics, …
1. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Looking ahead, "HKD interest rates should track USD interest rates, but short-term interest rate movements are affected by changes in supply and demand of HKD funding.
The central bank sets its base rate at either 50 basis points above the lower end of the prevailing target range for the US federal funds rate or the average of the five-day moving averages of the overnight and one-month Hong Kong Interbank Offered Rates (HIBORs), whichever is the higher. Interest Rate Decision 1998-2020 Data | 2021-2022 Forecast | Calendar | Historical
It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.
Interest Rate Decision
Interbank Rate in Hong Kong averaged 1.87 percent from 1982 until 2020, reaching an all time high of 15.56 percent in September of 1983 and a record low of 0.07 percent in December of 2003. It was the second rate cut this year, tracking a similar move by the US Federal Reserve as Hong Kong's currency is pegged to the US dollar. The Trading Economics Application Programming Interface (API) provides direct access to our data. Bank Lending Rate in Hong Kong averaged 7.70 percent from 1980 until 2020, reaching an all time high of 19.61 percent in October of 1981 and a record low of 5 percent in February of 1987.
In Hong Kong the interest rates decisions are taken by the Hong Kong Monetary Authority (HKMA).
The Hong Kong Monetary Authority (HKMA) announced today (Friday) the composite interest rate at the end of December 2019. Reference
Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
The central bank also slashed with immediate effect the countercyclical capital buffer it required financial institutions to hold from 2% to 1% of their risk-weighted assets. In Hong Kong, the interbank rate is the rate of interest charged on short-term loans made between banks.. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. The HKMA also said it will continue closely monitoring the movement of the foreign exchange and local currency market, with a view to maintain the stability of Hong Kong dollar through the link exchange system. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The central bank sets its base rate at either 50 basis points above the lower end of the prevailing target range for the US federal funds rate or the average of the five-day moving averages of the overnight and one-month Hong Kong Interbank Offered Rates (HIBORs), whichever is the higher. The Trading Economics Application Programming Interface (API) provides direct access to our data. The increase in composite interest rate …