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Banks' correspondent accounts with CBR rise 6.1 %

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MOSCOW, February 26 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 407.6 billion rubles ($15.6 billion at the current exchange rates) at the beginning of the business day, up 6.1 % (23.5 billion rubles/$897 million) from Thursday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 92.5 billion rubles ($3.5 billion), down 8.3% (8.4 billion rubles/ $320.8 million) from Thursday.

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