Banks' correspondent accounts with CBR decline 4.1%

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MOSCOW, August 8 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 484.8 billion rubles ($19 billion at the current exchange rates) at the beginning of the business day, down 4.1% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 490.5 billion rubles ($19.8 billion), up 1.7% from Tuesday.

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