Banks' correspondent accounts with CBR decline 7.9%

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MOSCOW, July 30 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 493.5 billion rubles ($19.3 billion at the current exchange rates) at the beginning of the business day, down 7.9% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 481.9 billion rubles ($18.8 billion), up 6.8% from Friday.

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