Rushing domestic stocks and the euro have contributed best to make Rupee further strong during the Monday afternoon trades. At around 1:55 p. m., it was cited that the partially convertible rupee came up to 45.88/89 a dollar i. e. stronger than Friday's closing figure of 46.145/155.

On the other hand, Euro stood at $1.4522 from $1.4422 towards the end of domestic currency market on Friday, whereas on the other hand, the dollar index against six major currencies stood at 73.607 points which was earlier at 74.017.

Earlier reports came that US Federal Reserve Chairman Mr. Ben Bernanke has not left any stone unturned and has invited many options to stimulate the world's biggest economy, which further resulted in to a rebound in Asia that has now also been joined by the local benchmark share index. It’s 3 percent jump in the trading.

According to reports, Rupee has till date reached a maximum high of 45.76 after making an opening at 45.93. Many traders in the market are still expecting the Rupee to retreat once again at 46, which could prove caution for global growth and the reduced trading week.

On the other hand, Monday did not cite the same gaining streak of gold and the similar trend followed globally. Moreover, strong rupee also slashed the rate of the dollar-quoted yellow metal; it prompted a slight physical demand in same.