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Banks' correspondent accounts with CBR decline 9.4%

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MOSCOW, May 23 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 525.1 billion rubles ($22.3 billion at the current exchange rates) at the beginning of the business day, down 9.4% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 333.4 billion rubles ($14.1 billion), up 19.4% from Thursday.

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