Islamabad (Web Desk): Finance Minister Ishaq Dar on Sunday announced to jack up the prices of petrol and high speed diesel (HSD) by a whopping Rs35 per litre.
With the increase of Rs35, according to the announcement, the petrol prices jumped from Rs214.80 to Rs249.80, while the HSD prices rose from Rs227.80 to Rs262.80. Similarly, the prices of kerosene oil rose by Rs18, from Rs171.83 to Rs189.83, and light diesel oil from Rs169.00 to Rs187.00.
Earlier, there were rumours about the massive increase in fuel prices in the wake of rupee’s free-fall last week. Dar announced the latest price hike on 29th of January, instead of 31st as fuel prices are adjusted on a fortnightly basis.