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Japan's Nikkei index down sharply over weak dollar, global market falls

Japan's Nikkei index down sharply over weak dollar, global market falls

Japanese stocks fell more than 5 percent Friday to a one-year low as the dollar's sharp drop against the yen fueled concerns about earnings outlooks in a market already hurt by the U.S. housing loan crisis.
The Nikkei 225 closed down 874.81 points, or 5.42 percent, at 15,273.68 points, the lowest since Aug. 7, 2006, when the index finished at 15,154.06.


Updated : 2021-10-21 12:06 GMT+08:00