Banks' correspondent accounts with CBR decline 21.9%

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MOSCOW, May 28 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 455.6 billion rubles ($17.5 billion at the current exchange rates) at the beginning of the business day, down 21.9% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1201.7 billion rubles ($46.4 billion), up 1.2% from Friday.

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