In one other sigh of reduction for inflation-weary plenty, the federal government is predicted to drip costs of petrol, and diesel by about Rs15-19 per litre for the primary half of November.
The costs of POLs together with excessive velocity diesel will transfer down as native foreign money strengthened in opposition to the greenback amid stern measures.
It was reported that the price of petrol would drop by round Rs20 per litre amid the comeback of the Pakistani rupee, and the diesel can be slashed by round Rs16 per litre.
In the meantime, the caretaker authorities has not made any determination and Prime Minister Anwaar Kakar will make the ultimate determination in a gathering slated to be held on October 31.
The anticipated worth revision can be the second lower in a month’s time. Earlier this month, the caretaker setup slashed the value of petrol by Rs40 per litre and high-speed diesel by Rs15 per litre for the second half of October.
As of October 2023, the present worth of petrol is Rs283.38 per litre and Rs303.18 per litre for HSD.
