Nikkei ends higher on weaker yen

Japanese share market closed slight higher on Thursday, 20 November 2014, boosted up by yen depreciation to a seven-year low against greenback. The Nikkei Stock Average ended up 0.1% at 17,300.86 following the prior session's 0.3% fall.

The yen dropped 0.6% to 118.64 per dollar, its weakest level since August 2007. A weaker yen inflates the profitability of Japanese exporters, while giving them scope to price goods more competitively in foreign markets.

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