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Banks' correspondent accounts with CBR decline 3.6 %

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MOSCOW, February 27 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 393 billion rubles ($15 billion at the current exchange rates) at the beginning of the business day, down 3.6 % (14.6 billion rubles/$557 million) from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 59.1 billion rubles ($2.3 billion), down 36.1 % (33.4 billion rubles/ $128 million) from Monday.

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