The Pakistani rupee continued its upward trend against the US dollar on Friday, closing higher for the 173rd consecutive trading session.

According to official interbank data, the rupee closed at 278.4117 per dollar, marking a marginal gain of one paisa compared to the previous session.

The ongoing appreciation streak is now expected to stretch toward the six-month mark, reflecting continued stability in the currency market.

Against other major currencies, the rupee showed mixed performance. It remained largely steady versus the UAE dirham and Saudi riyal.

However, it weakened against the British pound by 0.5971 rupees and also lost 0.8637 rupees against the euro. The rupee slipped by 0.0196 against the Australian dollar and 0.5102 against the Canadian dollar.

On the other hand, it posted modest gains against the Malaysian ringgit, Chinese yuan, UAE dirham, and Saudi riyal, reflecting a broadly range-bound currency movement in regional and global markets.