Banks' correspondent accounts with CBR decline 4.4%

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MOSCOW, April 27 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 414.4 billion rubles ($16.13 billion at the current exchange rates) at the beginning of the business day, down 4.4% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 678.8 billion rubles ($26.4 billion), up 0.8% from Thursday.

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