Dollar changes hands in upper 107 yen range in early trade in Tokyo

TOKYO, July 16 (Xinhua) -- The U.S. dollar changed hands in the upper 107 yen zone in early deals in Tokyo on Tuesday, largely in line with levels in New York overnight.

As markets opened here, the dollar was quoted at 107.90-91 yen, compared with 107.86-96 yen at 5 p.m. on Monday in New York.

The euro, meanwhile, fetched 1.1260-1261 dollars and 121.50-54 yen against 1.1253-1263 dollars and 121.41-51 yen in late Monday afternoon trade in New York.

Markets in Japan were closed on Monday for a national holiday.