Banks' correspondent accounts with CBR decline 5.5%

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MOSCOW, December 3 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 677.1 billion rubles ($27.7 billion at the current exchange rates) at the beginning of the business day, down 5.5% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 87.5 billion rubles ($3.6 billion), up 1.5% from Friday.

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