Banks' correspondent accounts with CBR rise 2.1%

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MOSCOW, May 4 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 606.7 billion rubles ($25.5 billion at the current exchange rates) at the beginning of the business day, up 2.1% from Wednesday, the CBR said Saturday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 70 billion rubles ($2.9 billion), up 0.6% from Wednesday.

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