November 26, 2010

Japanese customers get boost in shopping value as yen rises to 15 year high against the Us dollar, Nikkei 225 falls as a result

"..the Japanese currency is also considered a safe haven...the dollar was up 0.3 percent at 85.50 yen, having fallen to a 15-year low on Wednesday...The strength of the yen has been hitting Japanese stocks hard over the last few weeks, as investors worry about the potential negative impact on Japan's exporters...The benchmark Nikkei 225 stock average closed down 80.26 points, or 0.9 percent, to 9,212.59."

Source:World markets down again but selling pressure eases after rout
AP Business Writer
August 12, 2010,0,3576276.story

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