Dollar changes hands in upper 108 yen zone in early trade in Tokyo

The U.S. dollar charged hands in the upper 108 yen zone in early deals in Tokyo on Wednesday, largely in line with its levels in New York overnight.

As markets opened here, the dollar was quoted at 108-89-90 yen compared with 108.84-94 yen in New York and 108.85-86 yen at 5 p.m. on Tuesday in Tokyo.

The euro, meanwhile, fetched 1.1112-1.1112 dollars and 120.99-121.03 yen against 1.1107-1117 dollars and 120.90-121.00 yen in New York and 1.1084-1085 dollars and 120.65-69 yen in late Tuesday afternoon trade in Tokyo.