Hong Kong Monetary Authority: The composite interest rate at the end of August was 2.52%, down 6 basis points from the previous month.

On September 20, the Hong Kong Monetary Authority announced the composite interest rates at the end of August 2024.

According to the app Zhutong Finance, on September 20, the Hong Kong Monetary Authority announced the composite interest rates at the end of August 2024. The composite interest rate reflecting the average funding cost of banks was 2.52% at the end of August 2024, a decrease of 6 basis points from 2.58% at the end of July 2024. The decrease in the composite interest rate mainly reflects the reduced weighted funding cost of deposits and interbank funds during the month.

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香港金管局：8月底综合利率为2.52% 环比下跌6基点

Hong Kong Monetary Authority: The composite interest rate at the end of August was 2.52%, down 6 basis points from the previous month.

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