Banks' correspondent accounts with CBR decline 16.3%

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MOSCOW, July 28 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 443.1 billion rubles ($19 billion at the current exchange rates) at the beginning of the business day, down 16.3% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 318.2 billion rubles ($13.6 billion), down 20% from Friday.

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