The State Trading Organization (STO) announced on Thursday that it has increased its price of diesel.

The price of diesel was increased by 10 laari, and the retail price of a liter will now be MVR 11.23.

Diesel had been avaialble for 11.13 and the last change in price was brought brought last month.

In January, diesel cost MVR 10.41 per liter and it was increase to 10.21 in March.

STO has changed the price of diesel five times this year.