Banks' correspondent accounts with CBR rise 5%

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MOSCOW, July 3 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 555.2 billion rubles ($21.6 billion at the current exchange rates) at the beginning of the business day, up 5% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 777.7 billion rubles ($30.3 billion), up 2.5% from Monday.

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