The U.S. dollar dropped into the lower 119 yen level and the euro slipped into the upper 161 yen range Tuesday in Tokyo.

At 5 p.m., the dollar was quoted at 119.30-32 yen compared with Monday's 5 p.m. quotes of 119.69-79 yen in New York and 119.49-51 yen in Tokyo.

It moved between 119.12 yen and 119.82 yen during the day, trading most frequently at 119.60 yen.

The euro remained firm against the dollar. At 5 p.m., it was quoted at 1.3539-3541 dollars and 161.53-161.57 yen against Monday 's 5 p.m. quotes of 1.3529-3539 dollars and 161.99-162.09 yen in New York and 1.3554-3556 dollars and 161.96-162.00 yen in Tokyo.

Source: Xinhua