Banks' correspondent accounts with CBR rise 5.8%

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MOSCOW, May 18 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 479.4 billion rubles ($18.5 billion at the current exchange rates) at the beginning of the business day, up 5.8% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1099.4 billion rubles ($42.5 billion), up 5.5% from Thursday.

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