Banks' correspondent accounts with CBR decline 23%

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MOSCOW, April 22 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 459.7 billion rubles ($20 billion at the current exchange rates) at the beginning of the business day, down 23% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 100.6 billion rubles ($4.4 billion), down 34% from Monday.

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