Banks' correspondent accounts with CBR decline 5.9%

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MOSCOW, April 21 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 597.2 billion rubles ($25.4 billion at the current exchange rates) at the beginning of the business day, down 5.9% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 152.2 billion rubles ($6.5 billion), up 7.9% from Friday.

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