Banks' correspondent accounts with CBR rise 5.4%

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MOSCOW, May 30 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 450.4 billion rubles ($17.3 billion at the current exchange rates) at the beginning of the business day, up 5.4% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1192.4 billion rubles ($1.4 billion), up 1.4% from Tuesday.

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