Dozens of banks closed as Hong Kong feels the pinch of Occupy Central protests

A total of 36 banks, offices and ATMs of 20 Hong Kong banks have been “temporarily closed” due to the Occupy Central movement.

The Hong Kong Monetary Authority updated a statement made at 8:30am to say six branches have reopened, but an additional 13 have been affected.

Unsurprisingly, Hong Kong stocks fell to their lowest point in almost three weeks this morning as the Hong Kong dollar dropped against the greenback (that’s the US dollar, duh!) to its biggest intraday loss since 2011.

Experts are expecting tourism-related companies to be the biggest losers of the pro-democracy protests that are bringing the city to a standstill, as mainlanders will no doubt decide not to visit for their National Day jollies.

Photo: Enda Curran via Twitter

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