Banks' correspondent accounts with CBR slip 10.3%

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MOSCOW, May 21 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 430.2 billion rubles ($16.6 billion at the current exchange rates) at the beginning of the business day, down 10.3% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1,194.2 billion rubles ($46.2 billion), up 8.6% from Friday.

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