Banks' correspondent accounts with CBR decline 1.5%

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MOSCOW, October 2 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 567.4 billion rubles ($22.7 billion at the current exchange rates) at the beginning of the business day, down 1.5% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 66.5 billion rubles ($2.7 billion), down 7.9% from Monday.

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