The value of the Japanese currency rose to 152 yen against the dollar, benefiting from expectations that the Bank of Japan may normalize its monetary policy soon.
The Nikkei stock index logged on today its biggest single-day point fall in eight years, hit by sell-offs of technology issues tracking Wall Street plunges and a stronger yen pressuring exporters.
The 225-issue Nikkei Stock Average ended down 1,285.34 points, or 3.28 percent, from Wednesday at 37,869.51, its lowest closing since April 25. The broader Topix index finished 83.26 points, or 2.98 percent, lower at 2,709.86.
Source: Oman News Agency