MUMBAI: The Indian rupee continued to trade stronger in afternoon session on Monday boosted by a rise in domestic shares and a broadly weak dollar overseas while some dollar inflows towards an ongoing share-sale also supported. * At 2:23 p.m., the partially convertible rupee was at 45.74/75 per dollar, compared with its 45.84/85 close on Friday, when it had touched 45.91--its weakest since Sept. 17. * The initial public offering of India's largest producer of manganese ore opened last Friday and will close on Wednesday. The company has fixed the indicative price band at 340 to 375 rupees a share for its IPO to raise up to $276 million. * The euro fell to its lowest in two months against the dollar on Monday as the market looked past a rescue package for Ireland to other euro zone economies and a euro zone crisis resolution mechanism. * However, the dollar's index against six major currencies was down 0.1 percent. * India's main share index was up 1.3 percent, with stocks of firms under probe for a bribes-for-loans scam remaining volatile. * One-month offshore non-deliverable forward contracts were at 46.01, weaker than the onshore spot rate. * In the currency futures market, the most traded near-month dollar-rupee contract on the National Stock Exchange , and MCX-SX were at 45.9950 while United Stock Exchange quotes were not available, with total traded volume in all tenors on the three exchanges at a low $3.4 billion. .

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