ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Saturday has recommended up to 235 percent hike in gas prices.
According to details, the authority has suggested to reduce gas slabs to 6 from 7 and also proposed to increase gas cost by 204 percent for domestic users.
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On the other hand, the value of the US dollar against the rupee touched another all-time high for the third consecutive day, reaching approximately Rs151 after gaining Rs4 against the rupee in the open market.
Dollar was traded at Rs151 in the open market, whereas in the interbank market it increased to around Rs149.
