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Japan shares plunges among global economic slowdown

  • The yen being stronger against the dollar has led to hurt Japan’s exporters extensively. With dollar at a 15 month low the Japanese products are more expensive for the global buyers and has led to a fall of 4.5% of Nikkei 225 ( Japan’s Stock Exchange). The fall in the stock exchange is more than 15000 points and is the biggest Japan has seen since October 2014. As an effect of this slump a decline in the benchmark indexes of the US, London and Europe has been observed amid continued worries of the decline in oil prices as well as strength of the global economy.