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Banks' correspondent accounts with CBR decline 2.8%

February 01, 2008 | RIA Novosti

Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 544.9 billion rubles ($22.3 billion at the current exchange rates) at the beginning of the business day, down 2.8% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 286.4 billion rubles ($11.7 billion), up 8.7% from Thursday.

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