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Banks' correspondent accounts with CBR decline 7%

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MOSCOW, November 28 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 315.7 billion rubles ($12 billion at the current exchange rates) at the beginning of the business day, down 7% (23.8 billion rubles/$902.5 million) from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 60.5 billion rubles ($2.29 billion), up 9.4% (5.2 billion rubles/$197.2 million) from Monday.

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