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Banks' correspondent accounts with CBR rise 7.2%

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MOSCOW, March 23 (RIA Novosti) - Credit institutions' balances on correspondent accounts with Russia's Central Bank rose 7.2% from Thursday to 703 billion rubles ($27.07 billion at the current exchange rate) at the beginning of the business day, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Central Bank decreased 3.2% to 108.8 billion rubles ($4.19 billion).

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