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Banks' correspondent accounts with CBR decline 10.1%

January 22, 2008 | RIA Novosti

Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 511.8 billion rubles ($20.76 billion at the current exchange rate) at the beginning of the business day, down 10.1% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 498.3 billion rubles ($20.22 billion), down 10.9% from Monday.

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