The Ministry of Energy announced a Rs3.66 per litre increase for petrol, raising its price to Rs335.18, and a Rs4.80 per litre hike for high-speed diesel, now at Rs383.46. These revisions, effective July 25, reflect fluctuations in international oil markets under the government's daily pricing framework. This fuel price hike is likely to fuel domestic inflation, potentially impacting the USD/PKR exchange rate and increasing demand for gold as a hedge against rising costs.
بحوالہ / Source: www.brecorder.com