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Banks' correspondent accounts with CBR decline 1.5%

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MOSCOW, December 5 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 413.1 billion rubles ($15.76 billion at the current exchange rates) at the beginning of the business day, down 1.5% (6.2 billion rubles/$236.55 million) from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 37 billion rubles ($1.4 billion), up 4.8% (1.7 billion rubles/$64.9 million) from Monday.

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