Banks' correspondent accounts with CBR decline 14.9%

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MOSCOW, June 22 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 463.8 billion rubles ($17.8 billion at the current exchange rates) at the beginning of the business day, down 14.9% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1111.1 billion rubles ($42.8 billion), up 7.6% from Thursday.

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