The ailing dollar hit a near three-weak low against the yen and was close to a record nadir versus the euro Friday as the market fretted over gloomy prospects for the US economy, dealers said.
They said players became more risk averse ahead of a meeting of finance chiefs from the Group of Seven (G7) industrialised nations even though few expected any coordinated action to try to bolster the greenback.
The dollar fell to around 114.96 yen in Tokyo afternoon trade -- the lowest level since October 1 -- from 115.62 in New York late on Thursday.
The euro was at 1.4293 dollars after 1.4296, remaining close to Thursday's all-time high of 1.4310. The euro fell to 164.47 yen from 165.67.
Nervousness about the health of the global economy and Friday's G7 meeting pushed up the yen, which is often sold by speculators to fund risky "carry trade" investments in high-yielding assets, dealers said.
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