Banks' correspondent accounts with CBR decline 10.4%

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MOSCOW, March 18 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 512 billion rubles ($21.7 billion at the current exchange rates) at the beginning of the business day, down 10.4% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 183.3 billion rubles ($7.8 billion), up 47.1% from Monday.

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