Banks' correspondent accounts with CBR decline 1.1%

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MOSCOW, July 9 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 706.7 billion rubles ($30.2 billion at the current exchange rates) at the beginning of the business day, down 1.1% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 401.5 billion rubles ($17.2 billion), up 12.9% from Tuesday.

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