Banks' correspondent accounts with CBR rise 0.8%

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MOSCOW, August 31 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 426 billion rubles ($16.6 billion at the current exchange rates) at the beginning of the business day, up 0.8% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 350.1 billion rubles ($13.7 billion), up 0.3% from Thursday.

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