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Banks' correspondent accounts with CBR rise 5.9%

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MOSCOW, March 5 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Central Bank of Russia totaled 523.9 billion rubles ($20.02 billion at the current exchange rate) at the beginning of the business day, up 5.9% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 71.2 billion rubles ($2.7 billion), up 35.88% from Friday.

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