Banks' correspondent accounts with CBR decline 4.8%

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MOSCOW, October 12 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 574.2 billion rubles ($23 billion at the current exchange rates) at the beginning of the business day, down 4.8% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 227.2 billion rubles ($9.1 billion), up 28.4% from Thursday.

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