LONDON, Jan 9: The euro bobbed around just above the 89 US cent mark on Wednesday while the yen recovered from fresh three-year lows against the dollar after a top Japanese official voiced concern over the currency’s sharp recent fall.

The single European currency was being quoted at 0.8929 dollars from 0.8935 overnight in New York. The dollar was going for 132.55 yen from a three-year high of 133.37 in Tokyo.

The yen fell prey to fresh weakness earlier after authorities in Washington and Tokyo appeared content to tolerate its sharp declines, only to turn up after Chief Cabinet Secretary Yasuo Fukuda expressed concern at the continuing slump of the Japanese currency.—AFP