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Banks' correspondent accounts with CBR decline 5.3%

January 29, 2008 | RIA Novosti

Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 469.6 billion rubles ($19.2 billion at the current exchange rates) at the beginning of the business day, down 5.3% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 303.2 billion rubles ($12.4 billion), down 8.5% from Monday.


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