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Banks' correspondent accounts with CBR rise 4.7%

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MOSCOW, May 20 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 643.4 billion rubles ($27 billion at the current exchange rates) at the beginning of the business day, up 4.7% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 151.1 billion rubles ($6.4 billion), down 8.6% from Monday.

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