Nikkei rises 2.32% on Fed, yen

Japanese market closed sharp higher on Thursday, 18 December 2014, as signals that the U.S. isn't in a hurry to raise interest rates encouraged investors to take on more risk. Meanwhile, yen depreciation against basket of major currencies accelerated risk appetite buying into stocks. The benchmark Nikkei Stock Average advanced 2.32% to end at 17210.05.

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