Banks' correspondent accounts with CBR decline 13.9%

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MOSCOW, May 14 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 383.3 billion rubles ($14.8 billion at the current exchange rates) at the beginning of the business day, down 13.9% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1092.2 billion rubles ($42.3 billion), up 18.1% from Friday.

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