Dollar trades at lower 103 yen level, briefly hits two-week low

5/9/2008 5:13:50 PM   Source:chinaview.cn    Author:    [Font Size:Bigger Middle Smaller]

TOKYO, May 9 (Xinhua) -- The U.S. dollar traded at the lower 103 level, briefly hitting to a two-week low of the 103 yen line.

At 5 p.m., the dollar traded at 103.08-11 yen, compared with Thursday's 5 p.m. quotes of 103.69-79 yen in New York and 103.79-82 yen in Tokyo.

It moved between 103.00 yen and 103.96 yen during the day, changing hands most frequently at 103.50 yen.

The euro was quoted at 1.5465-5468 dollars and 159.44-48 yen, against late Thursday's quotes of 1.5391-5401 dollars and 159.60-70 yen in New York, and 1.5332-5335 dollars and 159.16-20 yen in Tokyo. ¡¡

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