Dollar rises to upper 111 yen zone on higher U.S. Treasury yields, gains in Japanese stocks

TOKYO, Sept. 19 (Xinhua) -- The U.S. dollar rose to the upper 111 yen zone Tuesday in Tokyo on the surge in long-term U.S. Treasury yields as well as the sharp gains in Japanese stocks.

The dollar was quoted at 111.70-71 yen at 5 p.m. local time, compared with 111.51-61 yen in New York at 5 p.m. Monday. It fluctuated between 111.38 yen and 111.88 yen during the day.

The euro fetched 1.1993-1995 dollars and 133.96-134.00 yen against 1.1950-1960 dollars and 133.30-40 yen in New York late Monday afternoon.

The Japanese financial markets were closed Monday due to a national holiday.