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Banks' correspondent accounts with CBR rise 2%

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MOSCOW, April 18 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank rose 2% on Tuesday to 411.9 billion rubles ($16 billion at the current exchange rates) at the beginning of the business day, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia increased 2% to 726.4 billion rubles ($28 billion).

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