Banks' correspondent accounts with CBR decline 2.9%

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MOSCOW, June 27 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 558.2 billion rubles ($23.8 billion at the current exchange rates) at the beginning of the business day, down 2.9% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 349 billion rubles ($14.9 billion), down 13.4% from Thursday.

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