Markets: Ghana Ghana

July 21, 2014
EMTA publishes New and Updated FX Documentation for Trading the Ghanaian Cedi, Kenyan Shilling and Zambian Kwacha.  Please Click Here to see Market Practice No. 74, Click Here to see the GHS, KES and ZMW NDF and NDO Template Terms and Click Here to see the GHS, KES and ZMW Rate Source Definitions.

June 27, 2014
Moody's Downgrades Ghana's Sovereign Rating from B1 to B2.

February 4, 2014
Bank of Ghana Notice to Banks and the General Public on Repatriation of Export Proceeds and Bank of Ghana Revised Rules on the Operations of Foreign Exchange Accounts and Foreign Currency Accounts.

October 17, 2013
Fitch Downgrades Ghana’s Long-Term Foreign Currency Issuer Default Rating from B+ to B.

June 11, 2012
EMTA Launches the Africa Focus Portal, providing convenient access to Africa-related resources on

May 2, 2012
EMTA Publishes Standard Terms for GHS/USD Non-Deliverable FX Transactions.  CLICK HERE for Recommended FX and Currency Derivatives Market Practice No. 65.

May 16, 2011
EMTA, ISDA and the FXC Publish the African Currency Amendment to Annex A to the 1998 Definitions.

August 27, 2010

Standard & Poor’s Downgrades Ghana’s Long-Term Sovereign Credit Rating from B+ to B.