Banks' correspondent accounts with CBR rise 11.2%

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MOSCOW, March 11 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 518.3 billion rubles ($21.7 billion at the current exchange rate) at the beginning of the business day, up 11.2% from Friday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 150.4 billion rubles ($6.3 billion), down 1.1% from Friday.

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