Banks' correspondent accounts with CBR decline 2.4 %

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MOSCOW, November 12 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 572.3 billion rubles ($23.4 billion at the current exchange rates) at the beginning of the business day, down 2.4% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 121.6 billion rubles ($4.9 billion), up 19.4% from Friday.

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