Islamabad: Indus Motors increases car prices

11-12-2011 Increasing utility expenses and record depreciation in Pakistani rupee, which in last month only has depreciated by almost 5 percent against Japanese Yen (from 1.0980 to 1.152) and 4 percent US$ (from 86 to 89) has forced the Indus Motor Company (IMC) to marginally increase the retail prices of …