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Dollar/yen falls more than one percent in nervous trade ahead of Bank of Japan

Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo

TOKYO (Reuters) - The dollar fell more than 1 percent against the yen (JPY=) in Asia early on Friday, touching as low as 103.30 yen in a nervous trade ahead of the Bank of Japan's policy decision expected later in the day.

Market players said there was no apparent news behind the move and that illiquid trading conditions may have exaggerated moves.

(Reporting by Hideyuki Sano, editing by G Crosse)