Dollar changes hands around 108 yen line in early trade in Tokyo

TOKYO, Jan. 6 (Xinhua) -- The U.S. dollar changed hands around the 108 yen line in early deals in Tokyo on Monday, moderately lower than its levels late last week in New York.

As markets opened here, the dollar was quoted at 108.00-01 yen, compared with 108.12-22 yen at 5 p.m. on Friday in New York.

The euro, meanwhile, fetched 1.1161-1161 dollars and 120.54-55 yen against 1.1151-1161 dollars and 120.57-67 yen in late Friday afternoon trade in Tokyo.

Japanese markets were closed from Tuesday to Friday for the New Year holidays.