CPI Preview: Inflation to fall to around 17% YoY in April

Petrol prices likely to nudge up, diesel rates set for notable hike

21:00
April 15, 2024

April 15, 2024 (MLN): Following the upward trend in the international market, the government is likely to hike the price of petrol by around Rs1.4 per litre and high-speed diesel (HSD) by Rs8.8 per litre for the remainder of April 2024.

Price estimates indicate the ex-refinery price of petroleum has risen to Rs209 compared to the previous fortnight's Rs207.6 per litre.

Meanwhile, the ex-refinery price of high-speed diesel (HSD) has risen to around Rs210.7.

It is important to note that the recent impact of the Middle East escalation is yet to materialise, which can further push up fuel prices in the coming months.

The government will announce the new prices at midnight today, and they will remain in effect for the rest of April.

To recall, in the last fortnight, the government increased the price of petrol by Rs9.66 to Rs289.41 per litre.

Conversely, the price of High-Speed Diesel (HSD) was slashed slightly by Rs3.32 to Rs282.24 per litre.

Copyright Mettis Link News

Posted on: 2024-04-15T20:37:42+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.21000	278.41000	278.41000	278.21000	03:01 PM
2	EUR	1.06820	1.06823	1.06823	1.06820	02:23 PM
3	GBP	1.25080	1.25100	1.25100	1.25080	02:23 PM
4	CHF	0.91820	0.91860	0.91860	0.91820	02:23 PM
5	JPY	157.58000	157.59100	157.59100	157.58000	02:23 PM
6	CAD	1.37520	1.37570	1.37570	1.37520	02:23 PM
7	AUD	0.64878	0.64882	0.64882	0.64878	02:23 PM
8	INR	83.46940	83.47040	83.47040	83.46940	02:23 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	11:23 PM
10	AED	3.67240	3.67340	3.67340	3.67240	09:51 PM
11	HKD	7.82157	7.82201	7.82201	7.82157	02:23 PM
12	CNH	7.25395	7.25403	7.25403	7.25395	02:23 PM
13	CNY	7.24010	7.24210	7.24210	7.24010	08:21 PM
14	THB	37.16000	37.18000	37.18000	37.16000	02:23 PM
15	MYR	4.76500	4.77000	4.77000	4.76500	11:05 AM
16	IDR	16,255.90000	16,261.10000	16,261.10000	16,255.90000	02:23 PM
17	SGD	1.36414	1.36425	1.36425	1.36414	02:23 PM
18	NZD	0.59017	0.59026	0.59026	0.59017	02:23 PM
19	MXN	17.08770	17.11770	17.11770	17.08770	02:23 PM
20	TRY	32.37950	32.38770	32.38771	32.37946	02:23 PM
21	SEK	10.99590	10.99930	10.99928	10.99585	02:23 PM
22	ZAR	18.78560	18.79310	18.79305	18.78555	02:23 PM
23	NOK	11.07790	11.08390	11.08390	11.07790	02:23 PM
24	DKK	6.98120	6.98220	6.98220	6.98120	02:23 PM
25	ARS	876.73700	876.74700	876.74680	876.73680	02:23 PM
26	BDT	108.11500	111.47200	111.47168	108.11466	07:19 AM
27	BHD	0.37703	0.37708	0.37708	0.37703	08:50 PM
28	BRL	5.18040	5.18340	5.18340	5.18040	02:23 PM
29	KRW	1,384.20000	1,386.20000	1,386.20000	1,384.20000	02:23 PM
30	KWD	0.30809	0.30869	0.30869	0.30809	09:09 PM
31	LKR	293.37500	299.90300	299.90302	293.37548	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	11:22 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	11:23 PM
34	RUB	93.42000	93.44000	93.44000	93.42000	11:05 AM
35	AFN	70.00000	73.00000	73.00000	70.00000	11:04 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:42 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	11:05 AM
38	MVR	15.25000	15.65000	15.65000	15.25000	11:05 AM
39	UZS	12,600.00000	12,670.00000	12,670.00000	12,600.00000	11:05 AM
40	PHP	57.71600	57.74500	57.74500	57.71600	02:22 PM
42	NGN	1,389.50000	1,390.50000	1,390.50000	1,389.50000	12:33 PM
43	KES	134.00000	136.00000	136.00000	134.00000	01:11 PM
44	AMD	388.00000	388.00000	388.00000	388.00000	08:08 AM
45	TWD	32.58520	32.61520	32.61520	32.58520	02:23 PM
46	XAU	2,296.60000	2,296.81000	2,296.81000	2,296.60000	02:23 PM
47	XAG	26.42720	26.43510	26.43510	26.42720	02:23 PM
48	XPT	939.80000	941.30000	941.30000	939.80000	11:23 PM
49	XPD	952.45000	962.45000	962.45000	952.45000	11:23 PM
2,120	VES	36.33500	36.42830	36.42826	36.33504	11:05 AM
2,212	UGX	3,771.98000	3,855.91000	3,855.90929	3,771.98381	07:19 AM
2,213	TZS	2,584.99000	2,585.01000	2,585.01500	2,584.98500	08:14 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,119.66	71,102.546	71,059.63	-592.488	-0.826	232,912,683.0	15,336,124,598.570	30/04/2024 04:12 PM
ALLSHR	47,278.09	46,554.238	46,538.66	-356.311	-0.760	560,299,183.0	25,727,511,058.590	30/04/2024 04:12 PM
KSE30	23,730.85	23,394.660	23,378.10	-147.348	-0.626	106,961,771.0	11,758,106,827.530	30/04/2024 04:12 PM
KMI30	121,454.52	119,444.797	119,318.97	-817.829	-0.680	131,842,091.0	10,993,230,910.190	30/04/2024 04:12 PM
KMIALLSHR	33,864.99	33,272.389	33,250.69	-273.132	-0.814	338,632,747.0	21,233,492,197.410	30/04/2024 04:12 PM
BKTi	17,945.48	17,639.285	17,616.80	-103.073	-0.581	12,615,671.0	1,332,601,506.120	30/04/2024 04:12 PM
OGTi	17,190.77	16,785.146	16,701.89	35.227	0.210	36,944,204.0	4,716,148,597.860	30/04/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	60,835.0	65,335.0	60,350.0	-2,615.00
BRENT CRUDE	EB	86.5	87.8	85.5	-0.68
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-0.95
ROTTERDAM COAL MONTHLY	ET	103.0	103.0	102.4	1.70
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.1	83.3	81.0	-0.50
SUGAR #11 WORLD	SB	19.4	19.8	19.3	-0.34

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CPI Preview: Inflation to fall to around 17% YoY in April

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