The greenback fell further against the yen in Asian trade Monday as fresh worries about the US financial sector lifted demand for the yen.
The greenback slid to as low as 89.18 yen, before recovering somewhat to 89.95 yen in Tokyo late morning trade, down from 90.08 in New York on Friday.
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The euro edged up to 1.4736 dollars against 1.4715, recovering some of its heavy losses seen at the end of last week. The European currency was steady at 132.65 yen after 132.62.
Investors bought the yen after US lender CIT Group filed for bankruptcy protection on Sunday, reigniting jitters about the woes of the US financial sector.
