Japan stocks soar as yen hits 1-year low
newscatcher
2023-10-02 04:31
Japan stocks soar as yen hits 1-year low
A passerby is reflected on an electric monitor displaying the graph of recent movements of the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023. REUTERS/Issei Kato/File photo TOKYO  – Japanese stocks soared on Monday, with the exporter-heavy Nikkei 225 share average buoyed by the yen's slide to its lowest point in a nearly a year and after the U.S. avoided a government shutdown. However, the rest of the region's equity markets were mixed, with Australia's oil and resource shares hurt by the decline in crude prices last week.

https://business.inquirer.net/424367/japan-stocks-soar-as-yen-hits-1-year-low

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