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Banks' correspondent accounts with CBR decline 3.9%

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MOSCOW, December 12 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 372.8 billion rubles ($14.17 billion at the current exchange rates) at the beginning of the business day, down 3.9% (15.2 billion rubles/$578 million) from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 60.8 billion rubles ($2.31 billion), down 3.2% (2 billion rubles/$76.1 million) from Monday.

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