The Asian shares have gone for a bull run as the Federal Reserve declared to hold back the interest rates near zero level.

As a result, the dollar price declined to a month's low against some of the major currencies in the world.

Rupee price also went up with the corresponding down movement of the US currency. The MSCI index of Asian shares excluding Japan, have increased by as much as 1 per cent.

Shares in South Korea rose up by 0.9 per cent whereas the Taiwan stocks went up by 1.2 per cent. The Asian share market is dominated by the technology companies and almost all of them have managed to close at a high.

Market analysts have considered this upward movement of the Asian shares as a recovery in the markets. The central bank of US has said that the World's largest economy is back on track and this will undoubtedly propel the job market too.

However, some experts believe that Intel's recent announcement has pushed the index up and helped the shares of chipmakers and other technology companies in Asia to go bullish.