Nikkei falls to 2-week low as yen firms before Fed, BOJ meetings

Japan’s Nikkei share average fell to a near 2-week low on Tuesday as the yen firmed against the dollar ahead of the U.S. Federal Reserve’s two-day policy meeting, hurting shares of exporters.

The Nikkei fell 1.4 percent to 16,383.04 points, its lowest closing level since July 13.

The broader Topix dropped 1.4 percent to 1,306.94 and the JPX-Nikkei Index 400 declined 1.4 percent to 11,750.11.

Source: Reuters