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Banks' correspondent accounts with CBR decline 3.1%

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MOSCOW, April 8 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 529.3 billion rubles ($22.4 billion at the current exchange rate) at the beginning of the business day, down 3.1% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 249.4 billion rubles ($10.6 billion), down 4.4% from Monday.

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