Hong Kong Three Month Interbank Rate increased to 2.22 percent on Thursday July 18 from 2.21 percent in the previous trading day. Interbank Rate in Hong Kong averaged 1.89 percent from 1982 until 2019, 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.
Interbank Rate in Hong Kong is expected to be 1.96 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Hong Kong to stand at 1.71 in 12 months time. In the long-term, the Hong Kong Three Month Interbank Rate is projected to trend around 2.21 percent in 2020, according to our econometric models.