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Banks' correspondent accounts with CBR rise 6.4 %

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MOSCOW, February 13 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 391.4 billion rubles ($14.86 billion at the current exchange rates) at the beginning of the business day, up 6.4% (23.6 billion rubles/$895.98 million) from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 242.5 billion rubles ($9.21 billion), down 12.5% (34.7 billion rubles/ $1.32 billion) from Monday.

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