Dollar Drops below 103.70 Yen in Tokyo

Dollar Drops below 103.70 Yen in Tokyo

   Tokyo, Jan. 13 (Jiji Press)--The dollar sank below 103.70 yen in Tokyo trading Wednesday, in the wake of U.S. long-term interest rates' downturn.
   At 5 p.m., the dollar stood at 103.69-69 yen, down from 104.16-16 yen at the same time Tuesday. The euro was at 1.2203-2203 dollars, up from 1.2163-2163 dollars, and at 126.53-54 yen, down from 126.69-70 yen.

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