Banks' correspondent accounts with CBR decline 6.9%

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MOSCOW, September 5 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 401.5 billion rubles ($15.6 billion at the current exchange rates) at the beginning of the business day, down 6.9% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 309.4 billion rubles ($12.0 billion), up 13.2% from Tuesday.

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