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اردو

Jul 22, 2026 اردو

Print Edition BR Markets Dollar to PKR

Intl Oil Prices Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices

Pakistan

Govt reduces petrol price by Rs15.39, HSD’s by Rs7.88 per litre

New prices come into effect from May 16, 2024

Published May 15, 2024 Updated May 15, 2024 11:55pm

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By BR Web Desk

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The federal government on Wednesday reduced the price of petrol by Rs15.39, taking the new rate to Rs273.10 per litre.

The price of high-speed diesel (HSD) has also been slashed by Rs7.88 per litre to Rs274.08.

The new prices take effect from May 16, 2024.

Significant decline in prices of petrol, HSD likely

In the last review, the government had decreased the petrol price by Rs5.45 per litre, and HSD by Rs8.42 per litre.

Earlier, Business Recorder reported that ex-depot prices of petrol and high-speed diesel (HSD) were expected to be slashed due to a decline in international oil prices and premium rates.

Govt reduces petrol price by Rs5.45, HSD’s by Rs8.42 per litre

Global oil prices have significantly decreased after tensions in the Middle East eased following the Iran-Israel missile attacks and the calming of Red Sea tensions. Reflecting this positive shift, global petrol prices have fallen by $6.32 per barrel to $99.93.

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USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	163.14
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
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Nasdaq / Jul 21	25,837.21
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Dow Jones / Jul 21	52,224.64
Germany DAX 30 / Jul 21	25,011.35
France CAC40 / Jul 21	8,363.14
Tokyo Nikkei / Jul 22	67,511.12
Hang Seng / Jul 22	24,903.04

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Crude Oil USD/Barrel / Jul 21	85.03
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Gold Spot USD/Ounce / Jul 21	4,114.26
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