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Banks' correspondent accounts with CBR decline 1.2%

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MOSCOW, March 26 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 522.9 billion rubles ($22.06 billion at the current exchange rate) at the beginning of the business day, down 1.2% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 159.8 billion rubles ($6.74 billion), down 1.4% from Tuesday.

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