However, Pleschinger later told the website portfolio.hu that the facility would not be phased out, apparently walking back from his earlier comments. Signs of further mounting price... Several members of the banks board had earlier indicated that Wednesdays move might be coming, as the bank was not ready to tolerate high inflation. Gyula Pleschinger was quoted by Bloomberg on Monday as saying that the central bank may scrap the one-week deposit facility, which he said was a temporary tool to navigate market volatility, a situation that he said Hungary had now passed. The crown added 0.1% to 25.345 to the euro to touch a two-week high and the forint added 0.3% to 349.60.
Pleschinger was not anything to do with the scandal in the crown.
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Pleschinger was not anything to do with the scandal in the crown .
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