Euro plummets to 111 yen range in Tokyo

09:30, May 19, 2010      

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The euro plummeted early Wednesday to the 111 yen range and 1.21 dollars zone in Tokyo, inheriting its weakness overnight in New York.

At 9 a.m., the euro traded at 1.2147-2152 dollars and 111.56-59 yen against 1.2197-2207 dollars and 112.50-60 yen in New ork and 1. 2384-2386 dollars and 114.85-89 yen in Tokyo at 5 p.m. Tuesday.

The dollar fetched 91.86-87 yen compared with 92.19-29 yen in New York and 92.74-75 yen in Tokyo late Tuesday.



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