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Banks' correspondent accounts with CBR decline 5.7%

February 18, 2008 | RIA Novosti)

Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 504.6 billion rubles ($20.5 billion at the current exchange rates) at the beginning of the business day, down 5.7% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 128.1 billion rubles ($5.2 billion), down 4.5% from Friday.

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