Nepal increases petrol price to NPR130 yesterday from the previous NPR123. Nepal has the highest petroleum increase this September 2013 among South Asian countries at 5.7%. Nepal has also the highest price of petrol at $1.24 or NPR130. The increase of petrol price in India (as triggered by its currency downward trend against the US Dollar), has triggered price increases in Nepal, Pakistan and Bhutan. India imports 80% of its petroleum requirements from the Middle east and other South Asian countries including Nepal imports petrol from India. The current petrol price, percentage increase and last date of hike: Nepal $1.24, 5.7%, Sep-2013 Bangladesh $1.22, 5.49%, Jan-2013 Sri Lanka $1.21, 1.89%, Feb-2013 India $1.16, 3.28%, Sep-2013 Bhutan, $1.08, 3.57%, Sep-2013 Pakistan $1.03, 4.31%, Sep-2013 Afghanistan $1.02, ?, ?
Posted on: Wed, 11 Sep 2013 00:29:20 +0000
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