Hong Kong protests trigger emergency action by HKMA

Central bank intervenes to maintain stability

hong-kong-protest
Hong Kong protest 2014

The Hong Kong Monetary Authority (HKMA) took extraordinary measures today to contain the impact of the ‘Occupy Central' protests that erupted on Hong Kong's streets over the weekend.

Thousands of pro-democracy protesters took to the streets on Sunday to call for free and fair elections, and were met by riot police who fired tear gas and used pepper spray.

Protests continued throughout the day today. As markets opened for business, the HKMA and a number of commercial banks activated business

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