Surprise Drop in UK Prices: What It Means for You
#bankofengland #clothingprices #dieselprices #Foodprices #footwearprices #globaloilprices #housingprices #inflationrate #interestratehikes #InterestRates #monetarypolicy #motorfuels #nonalcoholicdrinksprices #petrolprices #UKeconomy #UnitedKingdom #utilitiesprices
In the dynamic world of currency exchange rates, the CAD to INR pair has experienced notable fluctuations during the first half of May 2023. After years of consistent appreciation, the Canadian dollar has strengthened against the Indian rupee, with the exchange rate reaching 60 INR on April 30, 2023.
However, this value has not remained static. Throughout the month, the CAD to INR exchange rate has exhibited significant volatility, with a peak of 61.37 on May 8, 2023, and a low of 59.56 on May 1, 2023. The trend curve shows a standard deviation of 0.292 rupees, indicating the extent of these fluctuations.
The recent appreciation of the Canadian dollar can be attributed to various factors. One potential cause is the presence of foreign capital imbalances. When there is an influx of foreign investment in a country, it can lead to an increase in demand for its currency, resulting in its appreciation. This influx of foreign capital into Canada might have contributed to the strengthening of the Canadian dollar.
Additionally, the price and demand for petrol have played a role in the CAD to INR exchange rate dynamics. As the price of petrol increases, it can impact the Canadian economy positively, as Canada is a significant exporter of oil. This positive impact can lead to a stronger currency valuation.
It's important to note that exchange rates are influenced by a multitude of complex factors, including economic indicators, geopolitical events, and market sentiment. Understanding and predicting these fluctuations can be challenging, as they are influenced by a wide range of variables.
In summary, the CAD to INR exchange rate has seen fluctuations and appreciation during the first half of May 2023. Factors such as foreign capital imbalances and increases in the price and demand for petrol have likely contributed to this trend. However, it's essential to closely monitor the ever-changing dynamics of the global market to gain a comprehensive understanding of currency exchange rates.
Rajsthan News: Know why petrol pumps will remain closed for 48 hours in Rajasthan?
All petrol pumps in Rajasthan will remain closed for two days from Sunday, March 8 (petrol pump strike in rajasthan). Petrol pumps will remain closed due to the 'No Purchase No Sale' strike declared by Rajasthan Petrol Dealers Association. This strike will be conducted in protest against the rising prices of fuel in the state.
Surprise Drop in UK Prices: What It Means for You
#bankofengland #clothingprices #dieselprices #Foodprices #footwearprices #globaloilprices #housingprices #inflationrate #interestratehikes #InterestRates #monetarypolicy #motorfuels #nonalcoholicdrinksprices #petrolprices #UKeconomy #UnitedKingdom #utilitiesprices
Navigate the petrol shortage in India with Maruti Suzuki's fuel-efficient cars. Discover how our vehicles stand out, ensuring uninterrupted journeys in this ongoing crisis. Drive smarter, drive efficiently with Maruti Suzuki. ⛽🚘 To Book Maruti Suzuki CAR Online, You can also Give us a Call @ 8082 666333 / 86002 88888 OR Visit our Shivam Autozone Maruti Suzuki Showrooms @ Kandivali/ Andheri/ Chembur/ Nalasopara/ Boisar/ Shahapur/ Talasari/ Wada/ Vikramgad.
Petrol Diesel Price Today:-a turn down in the price of crude oil is being recorded, but a boost in the price of petrol-diesel has been recorded in many cities of the country.
Image By-Image by Freepik
Petrol n Diesel Rate on 20 July 2023:-
Government oil companies in India release Petrol-Diesel Price every day. Talking about today, there has been a vary in the cost of petrol and diesel in many cities on Thursday. all together, a turn down in the price of crude oil is being recorded in the international market today. There is a price down of 0.13% in the cost of Brent Crude Oil and it is trading at $ 79.36/barrel. same time, there is a reduction of 0.16% in the price of WTI Crude Oil and it is trading at $ 75.23 per barrel.
In which cities the prices of petrol and diesel changed:-
Ajmer - Petrol became costlier by 31 paise at 108.38 paise and diesel by 28 paise at Rs 93.63 a liter
Patna - Petrol by 35 paise costlier at Rs 107.59, Diesel by 32 paise at Rs 94.36 a liter
Amritsar - Petrol by 27 paise Rs 98.74 costlier, diesel costlier by 25 paise to Rs 89.04 per liter
Jaipur - Petrol costlier by 20 paise to Rs 108.41, diesel by 18 paise to Rs 93.65 per liter
Gurugram - Petrol costlier by 40 paise to Rs 97.11, diesel by 38 paise to Rs 89.97 per liter
Lucknow- Petrol 15 paise cheaper at Rs 96.47, diesel 15 paise cheaper at Rs 89.66 a liter
What are the fuel rates in the four metropolitan cities of the country:-
New Delhi -Petrol at Rs 96.72 per litre, Diesel at Rs 89.62 per litre is being sold
Chennai - Petrol at Rs 102.63 per litre, Diesel at Rs 94.2 4 rupees per liter is being sold.
Mumbai -Petrol at Rs 106.31 per litre, Diesel at Rs 94.27 per litre is being sold
Kolkata - Petrol at Rs 106.03 per litre, Diesel at Rs 92.76 per litre is being sold
Read the full article
US is now the top destination for refined petroleum products made from refined Russian crude. According to ministry of commerce, US imported more than half a billion dollars worth of oil products made in India. For the better part of last year, western countries led by US continued to put pressure on India to decrease its Russian crude imports. India however refused to budge and continued to buy cheap Russian crude. It has now emerged that while on one hand US and Europe were criticising India over its Russian crude import, on the other they were buying petroleum products made from refined Russian crude from India in huge quantities.