The U.S. dollar changed hands in the lower 111 yen zone in early deals in Tokyo on Wednesday, marginally lower than levels see overnight in New York.

As markets opened here, the dollar was quoted at 111.35-36 yen compared with 111.40-50 yen in New York and 111.66-67 yen at 5 p.m. on Tuesday in Tokyo.

The euro, meanwhile, fetched 1.1136-1137 dollars and 124.00-01 yen against 1.1129-1139 dollars and 124.04-14 yen in New York and 1.1162-1163 dollars and 124.64-68 yen in late Tuesday afternoon trade in Tokyo.