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Oil Price Rise, Currency Drop Raise Inflation Threat – Ghana Central Bank Governor

Oil Price Rise, Currency Drop Raise Inflation Threat – Ghana Central Bank Governor

A combination of rising oil prices and the fall in Ghana’s currency is threatening to push up inflation, the country’s central bank Governor Ernest Addison has revealed.

According to him, petroleum prices have gone up and transportation costs are also picking up, thereby posing a threat to the outlook in terms of where the inflation will be.

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