Banks' correspondent accounts with CBR decline 9%

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MOSCOW, October 9 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 479.5 billion rubles ($19.1 billion at the current exchange rates) at the beginning of the business day, down 9% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 192.3 billion rubles ($7.7 billion), up 11.9% from Monday.

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