Kazakh Tenge Gains Most in 20 Years as Businesses Sell Dollars

Kazakhstan’s currency strengthened the most in 20 years on speculation companies and individuals were selling dollars that they had hoarded following the tenge’s move to a free float last week.

Sourced through Scoop.it from: www.bloomberg.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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