In the course of trading in Tokyo drop Nikkei stock prices reflect 225 leading companies in the country, reached 5.4 percent. As of 9:15 Moscow time decrease has made hardly more than 5%, while the index has reached 16140 points.
In the red was the stock indices of other stock exchanges in the Pacific region. The Australian S&P/ASX 200 decreased by 2.88%, new Zealand S&P/NZX 1.4%, stock Exchanges in Shanghai, Hong Kong, Singapore and Seoul did not work, since there celebrate the New year according to the lunar calendar.
The decline of the Japanese stock exchange MarketWatch analysts explained the high rate of the yen against the dollar over the past year — in the course of trading the U.S. currency declined to the level of 114,73. The last time the yen was quoted so high in November 2014.
The growth rate of the national currency concerned Japanese producers because it lowers the competitiveness of goods on world markets.
In leaders of falling have appeared including the brands Toyota, Nissan, Honda, whose shares fell by 6-7%.
On the morning of Tuesday the Finance Minister of Japan Taro ASO described the yen will change too “hard”. According to him, the government is closely watching the situation on the currency market.
Affect the situation on the Tokyo stock exchange and oil prices that fell in new York below $ 30 per barrel. On this background the shares of oil company Inpex engaged in production in Japan, Australia and Indonesia, fell by more than 6%.