Wednesday, 14 May 2025

Japanese stocks rise as yen hits 3-month low

Japanese stocks rose on Monday, with the yen falling to a three-month low.

The Nikkei index ended the day up 1.82 percent to close at 38,605.53 points after rising about 2.2 percent during trading. It had fallen 0.4 percent at the open.

The yen’s decline accelerated in the morning session to reach 153.885 to the dollar for the first time since July 31, and was down about 0.8 percent to record 153.505 to the dollar by 0600 GMT.

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