Banks' correspondent accounts with CBR decline 2.7%

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MOSCOW, June 4 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 439.4 billion rubles ($16.9 billion at the current exchange rates) at the beginning of the business day, down 2.7% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1266.3 billion rubles ($48.9 billion), up 3% from Friday.

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