India vs Pakistan: Gold and petrol-diesel are still cheaper than India in poor Pakistan, know how much is the difference – rates of gold, petrol and diesel are cheaper in Pakistan than India

India vs Pakistan: Gold and petrol-diesel are still cheaper than India in poor Pakistan, know how much is the difference – rates of gold, petrol and diesel are cheaper in Pakistan than India

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New Delhi: The economic condition of neighboring country Pakistan (Pakistan’s Economic Crisis) is getting worse day by day. The country’s foreign exchange reserves have been reduced to $3.81 billion, which is not enough even for one month’s imports. The cost of food items in the country has skyrocketed. The situation has reached to such an extent that people are fighting for flour and bread. The government of Pakistan is seeking a loan from the International Monetary Fund (IMF). IMF has put many conditions for giving loans which have been accepted by the government of Pakistan. This also includes the increase in the price of petrol and diesel. But in spite of such plight, the price of petrol, diesel and gold in Pakistan is less as compared to India.

Petrol-diesel price in Pakistan is at a record level. Petrol costs Rs 272 and diesel costs Rs 280 a litre. The government had increased the price of petrol and diesel on 16 February. Despite this increase, the petrol price in Pakistan is lower than in India. Petrol currently costs Rs 96.72 in Delhi, which translates to Rs 322.30 in Pakistani rupee. One Indian Rupee is equal to 3.33 Pakistani Rupee. If converted from Pakistani Rupee to Indian Rupee, the cost of petrol in Pakistan is Rs.81.58.

Inflation in Pakistan: 250 rupees per liter of milk! Don’t even ask for onions, inflation rate in Pakistan has crossed 40%, prices are cutting throat

diesel is also cheaper in pakistan

Diesel is more expensive to make than petrol. This is the reason why diesel costs more than petrol in Pakistan. However, in India the situation is opposite. Petrol price in Delhi is Rs 96.72 while diesel price is Rs 89.62. In Pakistan rupees, the price of diesel in India now stands at Rs 298.63. The price of diesel in Pakistan is currently Rs 280 per litre. That means the price of diesel in Pakistan is also less as compared to India. Diesel is used in the agriculture sector along with transport.

Commodity India (in Rs.) Pakistan (in Indian Rupees)
petrol 96.72 81.58
diesel 89.62 83.98
Sleep 57,755 51,815
lpg 77.67 86.83
forex reserve 560.942 billion dollars $3.81 billion

If we talk about gold, then the price of 10 grams of gold in Pakistan is Rs 1,72,754. According to the Indian rupee, it sits at Rs 51,815. The current gold price in India is Rs 57,755 per ten grams. Though LPG is costlier in Pakistan than in India. LPG price in Pakistan is Rs 288 per kg. According to the Indian currency, it sits at Rs 86.83. On the other hand, the cost of 14.2 kg cylinder in Delhi is Rs 1103. If seen per kg, it costs Rs 77.67. India’s foreign exchange reserves are also much higher than Pakistan’s. The country’s forex reserves stood at $560.942 billion in the week ended February 24, while Pakistan’s foreign exchange reserves stood at $3.81 billion.

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