Banks' correspondent accounts with CBR decline 3.2%

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MOSCOW, July 25 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 529.3 billion rubles ($22.7 billion at the current exchange rates) at the beginning of the business day, down 3.2% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 397.1 billion rubles ($17 billion), up 6.1% from Thursday.

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