KARACHI, Sept 15: The Indus Motor Company has increased its car prices with immediate effect after what it said changing rupee yen parity which impacted the cost of inputs. In a statement on Wednesday the company said that the retail prices of all Corolla variants would be increased by Rs25,000, while Altis price would be increased by Rs35,000, which translate into under two per cent increase on all the models.

The Corolla prices remained unchanged since February 2010, while during this period the rupee depreciated by eight per cent against yen and the company has been absorbing that cost over the last few months, the IMC claimed.

Extensive flooding in the country has also taken a severe toll on the car sales that increased difficulties for auto makers.

The company as a policy does not charge this increase in price to all customers, who have booked and paid prior to this announcement and the company will fully absorb the cost impact on orders in hand. The new prices will be applicable to all future orders and deliveries, says a press release. Bullion rates

KARACHI, Sept 15: Following are Wednesday's bullion rates in rupees per 10 grams: KARACHI:

Gold Tezabi (24-ct) — Rs ; Silver Tezabi — Rs . NOTE:

Rates from Peshawar Lahore, Multan and Hyderabad not received. —APP