Banks' correspondent accounts with CBR decline 1.7%

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MOSCOW, August 3 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 481.9 billion rubles ($18.9 billion at the current exchange rates) at the beginning of the business day, down 1.7% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 481 billion rubles ($18.8 billion), up 3.9% from Thursday.

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