Fruits of a Mismanaged Dollar-Cedi Exchange Rate ... ?

Following widespread broad hints of an impending major hike in petroleum prices, which the fuel retailers took advantage of by closing shop early, Ghanaians woke up yesterday, Monday, July 14, to find premium gas selling at GH¢3.36 per litre, an all-time high. This is about 23 percent of the GH¢2.73 at which it had sold barely 24 hours earlier. Read Full Story