Rupee Effect

  • Hike due to further rupee depreciation
    • Current loss on sale of retail diesel at Rs8.60/Litre
    • Current loss on sale of kerosene at Rs 30.53/Litre
    • Loss on sale of subsidised LPG at RS 368.50/cylinder
    • OMCs say they are watching Re-$ exchange rate closely


      SOURCE: http://www.moneycontrol.com/news/

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