Hong Kong deposit interest rate

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Hong Kong deposit interest rate closed down 0.02 as of December 31, 2021 from 0.04 from the previous day, 2.7 last week and 5.5 last month.

Hong Kong deposit interest rate Analytics & Data





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Hong Kong deposit interest rate Historical Data

DateClose
2021-12-31 0.02
2018-12-31 0.04
2017-12-31 0.01
2008-12-31 0.4
2007-12-31 2.4
2006-12-31 2.7
2005-12-31 1.26
2004-12-31 0.03
2003-12-31 0.07
2002-12-31 0.35
2001-12-31 2.38
2000-12-31 4.8
1999-12-31 4.5
1998-12-31 6.62
1997-12-31 5.98
1996-12-31 4.6
1995-12-31 5.6
1994-12-31 3.5
1993-12-31 2.3
1992-12-31 3.1
1991-12-31 5.5
1990-12-31 6.7

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Hong Kong deposit interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Hong Kong deposit interest ratehk.depositrate0000

Hong Kong deposit interest rate Factors

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Hong Kong deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Hong Kong deposit interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hong Kong deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong deposit interest rate

The Hong Kong deposit interest rate refers to the rate at which financial institutions in Hong Kong pay interest on deposits made by customers. This rate is set by the Hong Kong Monetary Authority and can vary depending on market conditions and economic factors. The deposit interest rate is an important factor for savers and investors as it determines the return they will receive on their deposits. A higher interest rate can incentivize people to save more money, while a lower interest rate may encourage spending and investment in the economy. Overall, the deposit interest rate plays a crucial role in shaping the financial landscape in Hong Kong.