Banks' correspondent accounts with CBR decline 15%

MOSCOW, November 21 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 431.2 billion rubles ($17.7 billion at the current exchange rates) at the beginning of the business day, down 15% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 93.9 billion rubles ($3.9 billion), down 2.3% from Tuesday.