Banks' correspondent accounts with CBR decline 2.8%

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MOSCOW, May 24 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 399.4 billion rubles ($15.4 billion at the current exchange rates) at the beginning of the business day, down 2.8% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1189.4 billion rubles ($45.9 billion), up 1% from Wednesday.

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