Ringgit sinks toward Asia-crisis peg as central bank governor’s optimism not shared

KUALA LUMPUR (BLOOMBERG) – Malaysia’s ringgit is sliding toward its fixed exchange rate of a decade ago and central bank assurances the weakness will prove temporary aren’t convincing everyone.

Sourced through Scoop.it from: www.straitstimes.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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