Dollar trades at upper 78 yen level in early Tokyo trading

February 17, 2012 9:14 am 

TOKYO, Feb. 17 — The dollar traded at the upper 78 yen level early Friday in Tokyo after gaining ground against the Japanese currency in New York overnight on encouraging U.S. economic data.

The dollar fetched 78.84-85 yen at 9 a.m. against 78.88-98 yen in New York and 78.62-63 yen in Tokyo at 5 p.m. Thursday.

The euro changed hands at 1.3126-1.3128 dollar and 103.48-103.49 yen, compared with 1.3125-1.3135 dollar and 103.62-72 yen in New York and 1.3021-3022 dollar and 102.37-41 yen in Tokyo later Thursday afternoon. (PNA/Xinhua) DCT/ebp


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