Dollar stays in mid 111 yen with weak U.S. industrial data

Tokyo, March 18 (Xinhua) -- The U.S. dollar remained in The mid-111 yen zone in Tokyo on Monday as market players reacted to The decline in U.S. interest rates due to weak U.S. industrial production statistics.

At 5:00 p.m. local time, The dollar was 111.48-49 yen compared with 111.45-55 yen in New York and 111.65-66 yen in Tokyo at 5 p.m. on Friday. It moved between 111.48 yen and 111.63 yen during The day.

The euro fetched 1.1348-1349 dollars and 126.51-55 yen against 1.1321-1331 dollars and 126.19-29 yen in New York and 1.1325-1326 dollars and 126.45-49 yen in Tokyo late Friday afternoon.