Kazakhstan Delays Rates Meeting, Cuts Dollar Sales on Tenge Drop – Bloomberg

Kazakhstan’s central bank postponed Friday’s interest-rates meeting and said it would protect foreign currency reserves by cutting the amount of dollars it sells to support the tenge, which weakened to a record low today.

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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