TOKYO -- The dollar fell against the yen Monday as a robust stock market rally in Tokyo lifted the Japanese currency, dealers said. But the gains would be temporary, they added, because Japan's economy continues to wallow in recession. The greenback traded at 132.73 yen at 3:00 pm (0600 GMT), against 133.31-34 yen in New York and 133.60-62 yen in Tokyo late Friday. The dollar "was affected by higher (Japanese) stock prices," said Noboru Hayakawa, manager at the foreign exchange division of Mitsubishi trust and banking. "But I would say (the yen) could rise only this much even after the stock market climbed," he said, adding the rates were mostly static. The key Nikkei-225 index of the Tokyo Stock Exchange jumped 638.22 points or 5.9 percent Monday to close at 11,450.22. "A sharp rise of the equity market sparked dollar-long adjustments today," said Aozora bank deputy manager of forex trading group Hiroyoshi Kinoshita. "(But) exporters are not in a hurry to buy the Japanese unit at current levels. I think the majority of investors are still expecting that overall, the yen will continue to fall against the U.S. unit," he said. The dollar would trade in a narrow range this week between 130-135 yen ahead of the release of U.S. non-farm payroll and Japan's fourth quarter Gross Domestic Product (GDP) on Friday. Repatriation of overseas assets by Japanese firms before the end of the fiscal year on March 31 is helping the yen in the short-term, standard and poor's MMS managing analyst Hideki Naito said. -------------------------------------------------- ------