Euro rebounds to upper 109 yen range in Tokyo

16:13, June 08, 2010      

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The euro rebounded to the upper 109 yen zone Tuesday morning in Tokyo on bargain-hunting after hitting an eight-and-a-half-year low against the yen overnight.

At noon, the euro fetched 1.1963-1964 dollars and 109.70-72 yen compared with 1.1919-1929 dollars and 108.91-109.01 yen in New York and 1.1920-1923 dollars and 109.05-09 yen in Tokyo at 5 p.m. Monday.

The dollar traded at 91.69-71 yen against 91.35-45 yen in New York and 91.47-50 yen in Tokyo late Monday.

Source:Xinhua

(Editor:黄蓓蓓)

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