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Banks' correspondent accounts with CBR decline 2.5%

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MOSCOW, April 9 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 420.4 billion rubles ($16.2 billion at the current exchange rate) at the beginning of the business day, down 2.5% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 546.1 billion rubles ($21 billion), up 22.7% from Friday.

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