The government maintained petrol at Rs335.18/litre and HSD at Rs383.46/litre for two days, citing weekend non-publication of Platts prices. This follows recent hikes and a shift to daily fuel price adjustments due to renewed US-Iran hostilities impacting international crude oil markets. The move aims to reflect global fluctuations more quickly, with significant taxes still applied to both fuels. Stable fuel prices, even temporarily, could offer a brief pause in inflationary pressures, potentially influencing the USD/PKR exchange rate and local gold demand.
بحوالہ / Source: www.dawn.com