The rupee maintained its surge against the dollar on the money market on Friday in the process of trading activity, dealers said.

The rupee, however, shed 10 paisas versus the euro for buying at Rs 171.80 while, it also lost 50 paisas for selling at Rs 173.50, they added.

In the final Asian trade, hopes of progress in US-China trade talks held down the dollar and lifted riskier currencies on Friday, while optimistic comments from Europe on Brexit boosted the British pound.

The greenback was a little weaker against the Yuan and the Australian and New Zealand dollars as well as the euro, though movements were slight as caution tempered enthusiasm for risk.

Top US and Chinese negotiators wrapped up a first day of trade talks on Thursday, with US President Donald Trump describing the meetings as "very, very good negotiation with China".

The dollar was trading against the Indian rupee at Rs 71.028, the greenback was at 4.183 in terms of the Malaysian ringgit and the US currency was available at 7.107 versus the Chinese Yuan.

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Open Bid       Rs.155.80
Open Offer     Rs.156.30
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Bid Rate       Rs.156.06
Offer Rate     Rs.156.08
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Following lack of buyers' interest in the market, the dollar could not sustain and ended lower for buying and selling at Rs 156.25 and Rs 156.60 against the overnight closing trend of Rs 156.30 and Rs 156.70 respectively, local currency dealers said.

On the other hand, the national currency drastically declined its worth versus the pound sterling which was bought and sold at Rs 194.70 and Rs 195.90 against the Thursday's closing rate of Rs 190.35 and Rs 191.25 respectively, they added.

The dollar opened at Rs 156.80 (buying) and Rs 156.90 (selling) against last rate of Rs 156.70 (buying) and Rs 156.80 (selling).

It closed at Rs 156.80 (buying) and Rs 156.90 (selling).

The buying and selling rates of one tola of gold were Rs. 87,200 (selling) and Rs 87,000 (buying) in the local Sarafa (gold) markets of Islamabad and Rawalpindi.