Dollar falls to upper 112 yen range in morning trade in Tokyo

TOKYO, Jan. 9 (Xinhua) -- The U.S. dollar dropped to the upper 112 yen zone in morning trade in Tokyo on Tuesday, as traders were in a circumspect mood following high-level talks between the Democratic People's Republic of Korea (DPRK) and South Korea beginning.

The yen's rise against the euro also impacted the U.S. dollar.

At midday, the dollar was changing hands at 112.55-56 yen compared with 113.02-12 yen in New York at 5 p.m. Monday.

The euro, meanwhile, fetched 1.1973-1973 dollars and 134.75-76 yen against 1.1962-1972 dollars and 135.27-37 yen in late Monday afternoon trade in New York.

Markets here were closed on Monday for a national holiday. Enditem