Banks' correspondent accounts with CBR rise 46%

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MOSCOW, May 25 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 583.5 billion rubles ($22.5 billion at the current exchange rates) at the beginning of the business day, up 46% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1187.5 billion rubles ($ 45.8 billion), down 0.1% from Thursday.

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