Dollar, pound surge in Asia

TOKYO, Sept 19 (AFP):  The pound rallied against major currencies Friday as Scotland rejected independence from the United Kingdom, while the dollar closed in on the 110 yen level for the first time in more than six years.

Sterling jumped to a two-year euro high in morning Asian trade with early results indicating a win for the Scottish "No" camp, while it also tacked on gains against the dollar and yen as recent fears about the UK economy subsided.

The euro tumbled to 0.7810 pounds in Tokyo, its lowest level since July 2012, while sterling rallied to $1.6525 and a six-year high of 180.71 yen.

"Scotland has voted against independence overnight in a move that has removed a great weight from the shoulders of sterling," said economist Simon Smith at trading group FxPro.