Banks' correspondent accounts with CBR decline 9.2%

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MOSCOW, August 10 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 438.6 billion rubles ($17.2 billion at the current exchange rates) at the beginning of the business day, down 9.2% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 533.2 billion rubles ($20.9 billion), up 4.6% from Thursday.

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