Banks' correspondent accounts with CBR rise 16.1%

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MOSCOW, May 15 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 444.9 billion rubles ($17.2 billion at the current exchange rates) at the beginning of the business day, up 16.1% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1028.4 billion rubles ($39.8 billion), down 5.8% from Monday.

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