Banks' correspondent accounts with CBR decline 2.5%

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MOSCOW, July 20 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 452.5 billion rubles ($17.8 billion at the current exchange rates) at the beginning of the business day, down 2.5% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 656.7 billion rubles ($25.8 billion), down 3.1% from Thursday.

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