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Banks' correspondent accounts with CBR rise 2.2%

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MOSCOW, June 5 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 449.2 billion rubles ($17.4 billion at the current exchange rates) at the beginning of the business day, up 2.2% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1278.9 billion rubles ($49.4 billion), up 1% from Monday.

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