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اردو

Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan

Govt cuts petrol price by Rs5 per litre

Price of high-speed diesel remains unchanged

BR Web Desk Published February 28, 2023

Finance Minister Ishaq Dar on Tuesday announced a reduction of Rs5 per litre in the price of petrol, Aaj News reported.

In a video message, Dar said that the price of petrol has decreased from Rs272 to Rs267 per litre.

Similarly, the price of high-speed diesel was kept unchanged at Rs280 per litre.

“Kerosene oil’s current price of Rs202.73 is being brought to Rs187.73 after a reduction of 15 rupees. Light-diesel, which is at Rs196.68, is being brought to Rs184.68 after a reduction of 12 rupees,” the finance minister said.

He said the prices would be effective from midnight.

The reduction in petrol price comes amid a significant decline in the oil prices in the global market, allowing the government to provide relief to the already inflation-ridden people.

Ishaq Dar petrol price

Comments

Comments are closed.

Shiteistan Feb 28, 2023 11:45pm

This is against what IMF has been demanding and smacks of preparation for elections. This is a sweetner given by Dar & co. This man is out to wreck whatever is left. Bye bye IMF.

Recommended (0)

Syed Ali Mar 01, 2023 02:40am

The manipulation of Pakistan Rs by The Government and If needs investigating and judicial action taken

Recommended (0)

Tulukan Mairandi Mar 01, 2023 04:45am

Looks like IMF loan won't be coming at all. Iron brother that's sweeter than honey and deeper than ocean, China, also attaching their loans to IMF bailout. Likewise Ummah Brother Saudi Arabia. Default on the horizon. More Pakistanis will be drowning in refugee boats bound for Europe. And Pakistanis will start gettint shot on the Ind-Pak border as they just wanna flee to India.

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Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

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S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
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Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
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786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
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786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
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AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
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