Tokyo stocks rose Monday, lifted by the dollar's gains to 32-month highs versus the yen, which helps Japan's key export industries such as autos and electronics. The benchmark Nikkei 225 index added 129.71 points, or 0.84 percent, to 15,551.31 -- its highest close since Oct. 10, 2000. The broader TOPIX index, which includes all issues in the first section of the Tokyo Stock Exchange, gained 13.85 points, or 0.87 percent, to 1,597.57. Machinery makers, some blue-chip autos and electronics issues gained, as did oil and banking stocks. The dollar rose as high as 121.40 yen, its highest since March 2003, amid confidence that the U.S. economy remains healthy and the Federal Reserve will continue to raise interest rates -- widening the gap with Japan's still low rates. The stronger dollar makes Japanese exports more competitively priced and inflates exporters' overseas revenues when converted back to yen. Continued expectations for Japan's steady economic recovery from 15 years of slowdown also is sparking demand for Japanese shares. The dollar was trading at 121.26 yen on the Tokyo foreign exchange market at 3 p.m. (0600 GMT) Monday, down from its session high of 121.40 yen, but up 0.76 yen from late Friday in New York. The euro fell to US$1.1700 from US$1.1716 in New York. The yield on 10-year Japanese government bonds climbed to 1.5600 percent from Friday's close of 1.5050 percent. The price fell 0.47 point to 99.48.