The liquidity of the Hungarian banking sector fell in March from a month earlier, which was mainly reflected in declines in average stocks and other deposits, according to the National Bank of Hungary. The average stock of overnight deposits fell by HUF 71.9bn to HUF 1.301 trillion. The end-of-month, average stock and three-month deposits, the main sterilization instrument of the MNB, remained stable in March at HUF 75bn.
