TOKYO: Tokyo shares have retreated almost two per cent, defying a rally across Asian stocks, as the yen strengthened against the US dollar after the US Federal Reserve held fire on raising interest rates.
The Nikkei 225 index at the Tokyo Stock Exchange on Friday dropped 1.96 per cent, or 362.06 points, to close at 18,070.21, while the broader Topic index of all first-section shares was down 1.98 per cent, or 29.53 points, at 1,462.38.
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