Banks' correspondent accounts with CBR decline 3.2%

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MOSCOW, December 11 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 600.5 billion rubles ($24.5 billion at the current exchange rates) at the beginning of the business day, down 3.2% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 98.7 billion rubles ($4 billion), up 3.4% from Monday.

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