Shortages in new coin supply cause
price hike of some goods
Koforidua, Jan. 3, Ghanadot/GNA- The inadequate supply of
the New Ghana Pesewas has brought about changes in the
prices some items, which cost less than five pesewas,
especially polythene bags.
The commodity, which was sold for 300 hundred cedis in the
old currency, is now being sold for five Ghana pesewas
because of the shortage of the one pesewa coins.
Others have also taken undue advantage of the situation to
make business by adding a small size of the polythene bag to
the big ones for five Ghana pesewas to make up for the
change of two Ghana pesewas.
At both the Juaben Serwa and the Zongo markets in the New
Juaben Municipality on Thursday, the situation was the same
posing problems for traders and buyers as well.
Oranges, which used to sell at 700 hundred cedis in the old
currency was now being sold for five Ghana cedis because of
the difficulty in getting the one pesewa coins.
One of the market women the GNA spoke to, said they had
resorted to that action to forestall confusion between them
and customers and appealed to the Bank of Ghana to release
more of the new Ghana coins especially the small
denominations into the system.
Another commodity that has been affected by the change of
currency is eggs, which used to be sold for 1,300 is now
going for GH¢1.5, whiles some Tro-tro fares have been
reduced by two pesewas to avoid having problems with the
passengers.
GNA
|