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Banks' correspondent accounts with CBR decline 24.9%

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MOSCOW, July 22 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 461.5 billion rubles ($19.9 billion) at the current exchange rates) at the beginning of the business day, down 24.9% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 390 billion rubles ($16.8 billion), down 19.9% from Monday.

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