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Banks' correspondent accounts with CBR decline 1%

February 22, 2008 | RIA Novosti

Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 554.7 billion rubles ($22.6 billion at the current exchange rate) at the beginning of the business day, down 1% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 117.2 billion rubles ($4.7 billion), down 2.7% from Thursday.

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