Banks' correspondent accounts with CBR rise 2%

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MOSCOW, May 4 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 452.7 billion rubles ($17.5 billion at the current exchange rates) at the beginning of the business day, up 2% from Tuesday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 683.5 billion rubles ($26.5 billion), up 9.4% from Friday.

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