Stock price drop “Yen depreciation progress, price drop narrows in afternoon trading”

On the Tokyo stock market on the 22nd, the FRB = Federal Reserve Board of the United States decided to raise interest rates significantly, and stock prices fell due to growing concerns about the economic slowdown in the United States.

▽The closing price of the Nikkei Stock Average on the 22nd was 27,153.83 yen, which is 159.30 yen lower than on the 21st.

▽ Tokyo Stock Price Index = Topics fell 4.68 to 1916.12.

▽The daily trading volume was 1,144,750,000 shares.

A market insider said, ``When the Bank of Japan's monetary policy meeting decided to maintain a large-scale monetary easing policy, the interest rate differential between Japan and the United States widened, and the yen weakened. Buy orders widened and the price drop narrowed in afternoon trading."