The current slide in the value of the cedi could cause another increase in fuel prices. Joy business has learnt prices could go up by as much as ten percent to make up for foreign exchange losses. Though the bulk oil importers are currently buying the dollar at GH¢1 .61, the current price build up on petroleum products is based on an exchange rate of GH¢1.50. Though there have been assurances from the National Petroleum Authority that the hedge policy would ensure that Ghanaians are insulated from any further increases, the authority has no control over the exchange rate and its implications on prices at the pump. The bulk distribution companies such as Chase petroleum, Fuel Trade and Cirrus Energy who import the petroleum products on credit for government say they are accumulating a shortfall of about three million dollars each month as a result of the decline in the value of the cedi. Joy Business checks indicate a total of nearly 20 million dollars has so far been accumulated as a result of the foreign exchange losses. The bulk importers say, unless government gives the guarantee that it will make up for the difference, it would have no choice but to pass it on to consumers. Meanwhile, Joy Business has learnt the National Petroleum Authority Monday engaged the Bank of Ghana over the concerns of the Oil importers.