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Pakistan slashes petrol price by Rs1.50/litre

06:19 PM | 31 Aug, 2021
Pakistan slashes petrol price by Rs1.50/litre

ISLAMABAD - The prices of petroleum products will decrease by up to Rs1.50per litre from September 1, announced the finance ministry in a notification on Friday.

The petrol and diesel prices have been decreased by Rs1.5/litre to Rs118.30 and Rs115.03 respectively. 

Similarly, the price of kerosene will also decrease by Rs1.50, to cost Rs86.80/litre. Light diesel oil will cost Rs1 cheaper, and it will be available for Rs84.77/litre.

According to a notification: "Despite international price fluctuations in petroleum products and anticipated increase in future prices, the government has reduced the prices in order to provide maximum relief to the consumers."

The new prices will be implemented from September 1.

A day earlier, the Oil and Gas Regulatory Authority (OGRA) had forwarded a summary to the government, suggesting a decrease by Rs3.5/litre in petrol price and Rs5 in high speech diesel price for first fifteen days of the next month.

Daily Pakistan Global Web Desk

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PKR exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 22 April 2024

Pakistani currency remains largely same against US Dollar and other currencies on April 22, 2024 Monday.

USD to PKR rate today

US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30. 

Today’s currency exchange rates in Pakistan - 22 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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