Banks' correspondent accounts with CBR rise 1.5%

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MOSCOW, April 17 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 402.7 billion rubles ($15.6 billion at the current exchange rates) at the beginning of the business day, up 1.5% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 711.4 billion rubles ($27.6 billion), down 0.9% from Monday.

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