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Pakistan increases Petrol price by Rs2.70

09:58 PM | 31 Jan, 2021
Pakistan increases Petrol price by Rs2.70

ISLAMABAD – Petrol prices will go up by Rs 2.70 per litre from February 1, announced the government in a notification issued by the Prime Minister’s office on Sunday.

The price of light diesel oil will also rise by Rs 3 per litre and high speed diesel will go up by Rs 2.88 per litre. Kerosene oil price has also been upped by Rs 3.54 per litre.

The prices, which will go into effect from midnight, will remain unchanged for two weeks after which a revision can be expected by February 15.

A similar notification was issued on January 15 that remained in effect for the remaining two weeks of the month.

The Oil and Gas Regulatory Authority (OGRA) had proposed an increase of Rs 13.18 in petrol prices, Rs 12.12 and Rs 11.10 in prices of high speed diesel and kerosene oil respectively. The regulator also recommended the price hike of light diesel by Rs 6.62 per liter, effective from February 1.

However, considering the public interest, the prime minister approved an increase of Rs 2.70 per litre in petrol price, Rs 2.88 for high speed diesel, and Rs 3.54 and Rs 3.00 in the prices of kerosene oil and light diesel respectively.

After the increase, the new price for petrol is Rs 111.9, high speed diesel Rs 116.07, light diesel Rs 79.23, and kerosene oil is at Rs 80.19.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

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

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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