The US dollar edged down to the lower 96 yen level early today in Tokyo.

At 9 am, the dollar traded at 96.19-24 yen, down from 96.96-97.06 yen in New York and 96.87-90 yen in Tokyo at 5 pm Friday.

The euro was quoted at 1.2518-2523 dollars and 120.45-55 yen, compared with 1.2596-2606 dollars and 122.24-34 yen in New York and 1.2706-2709 dollars and 123.11-15 yen in Tokyo late Friday.