MONROVIA, LIBERIA-A nationwide monitoring of filling stations intended to check the prices of petroleum products to reflect the current exchange rate is set to begin soon.

This followed the announcement of an adjustment in the Liberian Dollar of prices.

Inspectors from the Commerce Ministry and the Liberia Petroleum Refining Company (LPRC) are expected to be deployed to monitor various filling stations across the country to prevent any unauthorized price increase.

Under the new price list, a gallon of gasoline is now sold for seven hundred forty Liberian Dollars or four US Dollars, two cents, while fuel costs eight hundred Liberian Dollars or four US Dollars, thirty-three cents.

LPRC, in a release, says the adjustment is based on the prevailing exchange rate of one U.S dollar thirty-five cents, as published by the Central Bank of Liberia.

The release added that the U.S. dollar prices of gasoline and fuel remain unchanged.