Tokyo: Nikkei falls to over 1-week low as selling accelerates on strong yen
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[TOKYO] Japan's Nikkei dropped to a more than one-week low on Tuesday as selling accelerated in late trade after the dollar hit a one-month low against the yen.
The market also turned cautious before the release of a slew of US economic data later in the day.
The Nikkei dropped 1.6 per cent to 16,596.51, the lowest closing level since Aug 5.
The broader Topix fell 1.4 per cent to 1,298.47 and the JPX-Nikkei Index 400 declined 1.4 per cent to 11,684.54.
REUTERS
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