Rupee gains Rs5.3 against dollar in inter-bank market

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The rupee gained Rs5.36 against the dollar in the inter-bank market on Monday morning, touching Rs122.5 against its close of Rs127.86 on Friday.
This follows after gains witnessed in kerb market over the weekend where the dollar was quoted at 125/126 compared to the pre-election level of 131.80, an appreciation of 4-5 percent, said Topline Securities.