CNH HIBOR Rates Decline; One-Week Period Hits 1.43606% on July 23, Lowest Since Mid-June

According to Jin10 data, offshore Chinese yuan Hong Kong interbank rates (CNH HIBOR) declined on July 23, with the one-week HIBOR falling to 1.43606%, marking the lowest level since June 15. Overnight HIBOR dropped 5 basis points to 1.38061%, while two-week HIBOR declined to 1.43333%, reaching its lowest point since June 11.
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