Bloomberg News

Hungarian Refiner Mol Reverses Gains, Forint Weakens Versus Euro

October 17, 2011

Oct. 17 (Bloomberg) -- Mol Nyrt., Hungary’s biggest refiner, reversed earlier gains. The forint weakened against the euro.

Mol fell 0.8 percent to 16,900 forint at 1:10 p.m. in Budapest after rising as much as 3.1 percent earlier. Hungary’s currency depreciated 0.2 percent to 293.61 per euro, after rallying as much as 0.8 percent.

--Editors: Linda Shen, Alex Nicholson

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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