The Japanese stock meltdown in Reiwa broke historical records one after another in Showa and Heisei
2024/8/7 8:59 JST (some excerpts)
The Japanese stock exchange rate, which caused the most severe meltdown in the past few years, broke historical records one after another during the 3 business days that it crashed until now, such as the Showa bubble exchange rate, Black Monday, and the Heisei Lehman shock.
Bank of JapanAfter deciding on additional interest rate increases at the monetary policy meeting on July 31, the yen exchange rate soared in the foreign exchange market, and concerns about the future of the US economy intensified in response to sluggish economic statistics, so the Nikkei Stock Average fell by about 7600 yen in the first 3 business days of August.
The Japanese stock exchange rate, which caused the most severe meltdown in the past few years, broke historical records one after another during the 3 business days that it crashed until now, such as the Showa bubble exchange rate, Black Monday, and the Heisei Lehman shock.
Bank of JapanAfter deciding on additional interest rate increases at the monetary policy meeting on July 31, the yen exchange rate soared in the foreign exchange market, and concerns about the future of the US economy intensified in response to sluggish economic statistics, so the Nikkei Stock Average fell by about 7600 yen in the first 3 business days of August.
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