Japanese Yen surges on Tuesday

Dhaka, Bangladesh (BBN) – The Japanese Yen (JPY) surged on Tuesday after Japan’s prime minister said radiation levels near a quake-stricken nuclear plant had become high and the risk of further nuclear leakage was rising, prompting investors to dump risky assets.

On the other hand, Japan’s benchmark Nikkei average fell 8.33 percent to 8,818.95 on Tuesday, while the broader Topix shed 8.84 percent to reach 772.12, according to reports.

BBN/SSR/AD-15Mar11-11:40 am (BST) 

No Subscription? You Are Missing Out!

Join the business leaders of Bangladesh who rely on BBN's original reporting and in-depth analysis on business scenario of the country. We send only one daily email. No Spam Guaranteed!

Your Name (optional)

Your Email (Required) *

Subscribe

Please check your email and confirm your subscription