Banks' correspondent accounts with CBR decline 5.4%

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MOSCOW, April 7 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 546.4 billion rubles ($23.1 billion at the current exchange rate) at the beginning of the business day, down 5.4% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 260.9 billion rubles ($11 billion), up 21% from Friday.

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