Banks' correspondent accounts with CBR decline 4.3%

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MOSCOW, August 30 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 422.4 billion rubles ($16.4 billion at the current exchange rates) at the beginning of the business day, down 4.3% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 349.1 billion rubles ($13.6 billion), up 3.6% from Wednesday.

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