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اردو

Jan 22, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan Print 2021-10-12

Petitions against hike in POL items' prices: SHC seeks comprehensive reply from federal govt

Recorder Report Published October 12, 2021

KARACHI: The Sindh High Court (SHC) Monday sought a comprehensive reply from federal government on petitions filed against the increase in the prices of petroleum products.

A division bench of SHC asked the federal government what is the mechanism to fix the petroleum prices in the domestic market as well as what is the rationale of taxes on per litre of petroleum products in the country.

Court asked federal government to submit the details of reasons, which are considered to make the increase in the prices of petroleum products.

Court sought the details in the multiple petitions, which have been filed in SHC since June 2019 till date.

Court, seeking a comprehensive reply from the federal government, adjourned the hearing of these petitions till October 25, 2021.

Federal Government Sindh High Court petroleum products

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Forex
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Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

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S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

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Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
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Cotton US¢/pound / Jan 21	67.43
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