U.S. dollar changes hands in lower 111 yen range in early trade in Tokyo
The U.S. dollar changed hands in the lower 111 yen zone in early deals in Tokyo on Friday, after dropping to a three-month low under the 111 yen line overnight in New York.
As markets opened here, the U.S. dollar was quoted at 111.17-18 yen compared with 111.24-34 yen in New York and 111.85-87 yen at 5:00 p.m. local time on Thursday in Tokyo.
The euro, meanwhile, fetched 1.1456-1457 U.S. dollars and 127.36-37 yen against 1.1440-1450 U.S. dollars and 127.41-51 yen in New York and 1.1414-1416 U.S. dollars and 127.67-71 yen in late Thursday afternoon trade in Tokyo.
