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Banks' correspondent accounts with CBR decline 5.4%

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MOSCOW, April 11 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 401 billion rubles ($15.5 billion at the current exchange rate) at the beginning of the business day, down 5.4% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 613.7 billion rubles ($23.7 billion), up 4.4% from Tuesday.

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