Banks' correspondent accounts with CBR rise 14.3%

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MOSCOW, July 24 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 508.2 billion rubles ($20 billion at the current exchange rates) at the beginning of the business day, up 14.3% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 518.7 billion rubles ($20.4 billion), down 9.3% from Monday.

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