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Banks' correspondent accounts with CBR rise 18.3%

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MOSCOW, December 13 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 441 billion rubles ($16.8 billion at the current exchange rates) at the beginning of the business day, up 18.3% (68.2 billion rubles/$2.6 billion) from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 44.5 billion rubles ($1.7 billion), down 26.8% (16.3 billion rubles/$620.7 million) from Tuesday.

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