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Public Stunned as Petrol Price Tracks Dollar Exchange Rate

Public Stunned as Petrol Price Tracks Dollar Exchange Rate

The caretaker government has announced a significant increase in the prices of petroleum products, resulting in petrol reaching an all-time high price of Rs. 305.36 per liter.

As per a notification from the Finance Division, the price of petrol has been raised by Rs. 14.91 per liter, and the price of high-speed diesel has seen an even larger increase of Rs. 18.44 per liter.

The Finance Division issued a brief statement explaining that the decision to revise the consumer prices of petroleum products was driven by the rise in international petroleum prices and fluctuations in exchange rates.

Also Read: Caretaker administration hikes petrol price

Following this increase, the cost of petrol now stands at Rs. 305.36 per liter, while high-speed diesel is priced at Rs. 311.84 per liter.

In addition to these adjustments, the Interim Government has also raised the petroleum levy to a maximum of Rs. 60 per liter, up from Rs. 55 per liter.

Furthermore, the price of kerosene has been increased by Rs. 16.37 per liter, bringing it to Rs. 233.52 per liter, while the price of light diesel oil has gone up by Rs. 10.34 per liter, resulting in a new price of Rs. 210.13 per liter.

 

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