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Banks' correspondent accounts with CBR decline 18.7%

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MOSCOW, April 23 (RIA Novosti) -- Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 372.1 billion rubles ($14.5 billion at the current exchange rate) at the beginning of the business day, down 18.7% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 707.1 billion rubles ($27.5 billion), up 1.3% from Friday.

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