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Banks' correspondent accounts with CBR decline 10%

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MOSCOW, January 28 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 495.9 billion rubles ($20.3 billion at the current exchange rate) at the beginning of the business day, down 10% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 331.4 billion rubles ($13.6 billion), down 20.9% from Friday.

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