Banks' correspondent accounts with CBR decline 0.6%

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MOSCOW, July 12 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 468.5 billion rubles ($18.3 billion at the current exchange rates) at the beginning of the business day, down 0.6% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 769.1 billion rubles ($30.1 billion), up 0.2% from Wednesday.

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