Banks' correspondent accounts with CBR decline 8.1%

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MOSCOW, March 17 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 571.7 billion rubles ($24.1 billion at the current exchange rates) at the beginning of the business day, down 8.1% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 124.6 billion rubles ($5.3 billion), up 1.5% from Friday.

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