Japan’s key Nikkei index falls after US market dips

October 22nd, 2008 - 8:53 am ICT by IANS  

Tokyo, Oct 22 (DPA) Japan’s key Nikkei index fell two percent Wednesday, tracking the US market’s overnight losses.In the first 10 minutes of trading Wednesday, the Nikkei 225 Stock Average dropped 186.67 points to 9,119.58 after ending Tuesday’s session up more than three percent.

On currency markets at 9 a.m. (0000 GMT), the dollar was quoted at 100.20-25 yen, down from Tuesday’s 5 p.m. quote of 101.20-22 yen.

The euro was quoted at $1.3005-10, down from Tuesday’s 5 p.m. quote of $1.3260-62, and at 130.39-44 yen, down from 134.19-23 yen.

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