"The pump price of gasoline was fixed at 2.55 ringgit (0.77 dollars) per litre down from 2.70 ringgit. Diesel prices have been reduced from 2.58 ringgit to 2.50 ringgit per litre.
Prime Minister Abdullah Ahmad Badawi made the announcement late Friday, saying the move would help curb inflation, which rose to a decade-high of 8.5 per cent in July. "
from the star-online~
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