Banks' correspondent accounts with CBR decline 9.1%

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MOSCOW, May 23 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 411 billion rubles ($15.8 billion at the current exchange rates) at the beginning of the business day, down 9.1% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1177 billion rubles ($45.4 billion), up 1.3% from Tuesday.

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