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Banks' correspondent accounts with CBR decline 7.5%

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MOSCOW, December 7 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Central Bank of Russia totaled 385.5 billion rubles (about $14.7 billion) at the beginning of the business day, down 7.5% from Wednesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 68.6 billion rubles ($2.6 billion), up 75.4% from Wednesday.

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