Banks' correspondent accounts with CBR rise 23.77%

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MOSCOW, March 2 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Central Bank of Russia totaled 494.7 billion rubles ($18.93 billion at the current exchange rate) at the beginning of the business day, up 23.77% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 52.4 billion rubles ($2 billion) down 14.9% from Thursday.

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