Banks' correspondent accounts with CBR decline 2.9%

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MOSCOW, September 14 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 503.7 billion rubles ($19.9 billion at the current exchange rates) at the beginning of the business day, down 2.9% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 153.5 billion rubles ($6 billion), up 1.5% from Thursday.

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