Banks' correspondent accounts with CBR decline 3.8%

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MOSCOW, June 13 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 459 billion rubles ($17.6 billion at the current exchange rates) at the beginning of the business day, down 3.8% from Saturday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1,250.1 billion rubles ($48 billion), up 0.7% from Saturday.

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