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Banks' correspondent accounts with CBR decline 5.6%

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MOSCOW, August 15 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 662.1 billion rubles ($27.3 billion at the current exchange rate) at the beginning of the business day, down 5.6% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 115.2 billion rubles ($4.74 billion), down 19% from Thursday.

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