The move aims to limit the use of costly fuels and prevent a substantial rise in electricity prices.
The euro slipped 0.53% to $1.1663, while the dollar edged up 0.1%
Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan met Prime Minister Shehbaz Sharif in Islamabad on Friday night
He also announced to continue the fuel subsidy.
In addition, silver prices have gained Rs440 to be Rs8,184 per tola, while prices per 10 grams have increased by Rs377 to be Rs7,016.
The market sentiment was still cautious amid expectations for further developments regarding the tension between the US and Iran.
The new fuel prices will come into effect from April 3
There are estimated 26 million people in Pakistan between the ages of 13 and 18
He said the federal government has decided to absorb an additional burden of Rs56 billion this week.
There has been no major shortage of petrol or diesel, as oil marketing companies continue to supply dealers with adequate quantities
Donald Trump has dropped to its lowest level since his return to the White House
Stock markets in Europe and the United States showed little movement
According to PMO press release, the decision was taken during a meeting chaired by Prime Minister Shehbaz Sharif via video link, focusing on fuel used in luxury vehicles.
In the international bullion market, gold prices were slightly up by 0.3%.
In the international gold market, the price per ounce increased by 61 dollars.
In the international market, gold fell by $34.
In the international bullion market, the price per ounce of gold has decreased by $100.
Middle East conflict enters fourth day
Experts say the price of crude has risen by 2.7 per cent globally, along with a slight increase in product spreads
It will likely be replaced with a Rs10 coin
In the international market, gold also saw a hike.
In the international market, the price of gold per ounce increased by $30 .
In the international market, gold prices increased by $71.
International rate increased by $25
The new schedule has been released
At present, no federal excise duty is charged on the import of fully assembled mobile phones
The price of silver has also shown a moderate increase.
