Forint Between 270 and 280 per Euro ‘Ideal,’ Torocskei Says

Hungary keeping the forint between 270 forint and 280 forint per euro would be “ideal,” Debt Management Agency Chief Executive Officer Istvan Torocskei told Magyar Nemzet.

The currency trading above 300 per euro “seems a bit high,” Torocskei said, according to the transcript of an interview published today in the newspaper today.

To contact the reporter on this story: Zoltan Simon in Budapest at zsimon@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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