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Banks' correspondent accounts with CBR rise 8.72%

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MOSCOW, March 6 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Central Bank of Russia totaled 569.6 billion rubles ($21.7 billion at the current exchange rate) at the beginning of the business day, up 8.72% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 73.4 billion rubles ($2.8 billion), up 3.1% from Monday.

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