Pakistan’s currency extended its remarkable winning run against the US dollar on Friday, marking the 132nd consecutive session of gains, even as it weakened against most other major global currencies.

According to data released by the State Bank of Pakistan, the Pakistani rupee closed at 279.10 per US dollar, strengthening by one paisa compared to the previous trading session.

While the rupee maintained stability against the dollar, broader currency movements painted a mixed picture. The local unit lost ground against several key international currencies, reflecting shifting global exchange trends rather than domestic pressure alone.

During the session, the rupee depreciated by 64 paisas against the British pound and 31 paisas against the euro, while also slipping 86 paisas versus the Australian dollar. The currency showed limited resilience elsewhere, gaining eight paisas against the Canadian dollar.

Against regional currencies, the rupee remained largely unchanged versus the UAE dirham but recorded a marginal decline against the Saudi riyal.

Market analysts say the prolonged stability against the dollar signals improved exchange management and steady inflows, but losses against other currencies highlight the impact of global currency volatility and stronger performance by major international units.

Despite the headline-grabbing streak versus the dollar, traders caution that the rupee’s broader strength will depend on external financing flows, import pressures, and movements in international markets in the coming weeks.