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Banks' correspondent accounts with CBR decline 5.93%

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MOSCOW, March 1 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Central Bank of Russia totaled 399.7 billion rubles ($15.3 billion at the current exchange rate) at the beginning of the business day, down 5.93% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 61.6 billion rubles ($2.36 billion), down 6.1% from Wednesday.

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