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

TOKYO, Jan. 16 (Xinhua) -- The U.S. dollar changed hands in the upper 108 yen zone in early deals in Tokyo Wednesday, largely in line with it levels in New York overnight.

As markets opened here, the dollar was quoted at 108.67-68 yen compared with 108.64-74 yen in New York and 108.64-66 yen at 5 p.m. on Tuesday in Tokyo.

The euro, meanwhile, fetched 1.1413-1414 dollars and 124.03-04 yen against 1.1407-1417 dollars and 123.97-124.07 yen in New York and 1.1470-1471 dollars and 124.61-65 yen in late Tuesday afternoon trade in Tokyo.