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AAP
AAP
Business
Poppy Johnston

Petrol prices soar on back of weak dollar

Drivers have been hit with surging petrol prices with the reinstatement of the full fuel excise tax. (Diego Fedele/AAP PHOTOS) (AAP)

Petrol prices are sitting just shy of $2 a litre, on average, with the weak Australian dollar boosting prices at the pump.

The average fuel price lifted by more than 10 cents last week to $1.96 a litre, the Australian Institute of Petroleum's weekly report said.

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