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Banks' correspondent accounts with CBR decline 1.2%

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MOSCOW, July 31 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 600.1 billion rubles ($25.6 billion at the current exchange rate) at the beginning of the business day, down 1.2% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 136.4 billion rubles ($5.8 billion), down 4.55% from Wednesday.

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