Banks' correspondent accounts with CBR decline 14.3%

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MOSCOW, October 15 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 492 billion rubles ($19.7 billion at the current exchange rates) at the beginning of the business day, down 14.3% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 295.2 billion rubles ($11.8 billion), up 29.9% from Friday.

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