Banks' correspondent accounts with CBR rise 4.5%

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MOSCOW, June 9 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 476.9 billion rubles ($18.3 billion at the current exchange rates) at the beginning of the business day, up 4.5% from Friday, the CBR said Saturday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 1,241.8 billion rubles ($47.8 billion), down 3.5% from Friday.

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