The federal government announced a significant hike in petroleum product prices, raising high-speed diesel (HSD) by Rs31.05 to Rs354.35 per litre and petrol by Rs5.44 to Rs316.15 per litre. These revised ex-depot prices are effective from July 18-20, 2026. This adjustment follows a previous increase and comes as the government shifts to daily price reviews due to skyrocketing global oil prices. Such fuel price increases typically fuel domestic inflation, potentially influencing USD/PKR exchange rates and local gold demand as a hedge.
بحوالہ / Source: www.brecorder.com