Petrol price cut delayed due to rupee plunge
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Petrol price cut delayed due to rupee plunge

Singapore : Singapore | Jun 22, 2012 at 3:04 PM PDT
Source: Times of India
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Pump price of petrol is set in accordance to its price in the global bulk market in Singapore...The rupee's continued fall against the greenback hitting 57.37 intra-day and closing at 57.12 to a dollar on Friday has wiped off much of the scope for a reduction and pushed state-run oil marketing companies... FULL ARTICLE AT Times of India
 
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