Dollar stays firm against yen in Tokyo

The U.S. dollar stayed firm at the lower 77 yen level in Tokyo on Thursday after rising overnight amid receding concerns over Europe's debt crisis. At 5 p.m., the dollar traded at 77.13-14 yen against 77.21-31 yen in New York and 76.64-65 yen in Tokyo at 5 p.m. Wednesday. It moved between 77.03 yen and 77.29 yen during the day, changing hands most frequently at 77.08 yen. The euro was quoted at 1.3809-3810 dollar and 106.51-55 yen against 1.3787-3797 dollar and 106.47-57 yen in New York and 1. 3688-3689 dollar and 104.91-95 yen in Tokyo late Wednesday afternoon.