New Delhi, May 24: Interesting figures emerge as the values of US dollar from 2004 to 2012 in rupees are collated with the hike in petrol price during the last eight years.
The figures show that the US dollar and the petrol price are locked in a tough race, with petrol moving far ahead, and the US dollar following suit.
Here, in a nutshell are the figures from 2004, when the NDA rule ended, till 2012, when UPA-2 celebrated its 3rd year of rule:
2004: Petrol price in Delhi Rs 35.71, US dollar Rs 45.28
2005: Rs 37.99/43.49, US dollar Rs 44.01
2006: Rs 46.85/ 44.85 US dollar Rs 44.01
2007: Rs 42.85 US dollar Rs 41.20
2008: Rs 45.52 /50.56/45.62 US dollar Rs 43.41
2009: Rs 44.72 US dollar Rs 48.32
2010 : Rs 47.43/51.43/52.59/ 55.84 US dollar 45.65
2011: Rs 58.37/63.37/63.70 /66.84/65.64 US dollar 52.22
2012 : Rs 73.18 US dollar 56.38
At today's press conference, Indian Oil Corporation chairman R S Butola said, two major impacts decide oil prices in India - exchange rate impact and international oil prices impact.
