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Banks' correspondent accounts with CBR rise 7.7 %

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MOSCOW, December 22 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 514.1 billion rubles ($19.55 billion at the current exchange rates) at the beginning of the business day, up 7.7% (36.7 billion rubles / $1.4 billion) from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 83.7 billion rubles ($3.18 billion), down 0.7 % (600 million rubles/ $22.82 million) from Thursday.

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