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Banks' correspondent accounts with CBR decline 5.21%

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MOSCOW, February 8 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Central Bank of Russia totaled 401.8 billion rubles ($15.16 billion at the current exchange rate) at the beginning of the business day, down 5.21% (22.1 billion rubles/$834 million) from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 294.5 billion rubles ($11.1 billion), up 12% (31.6 billion rubles/$1.2 billion), from Wednesday.

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