Banks' correspondent accounts with CBR rise 13%

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MOSCOW, September 18 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 495.9 billion rubles ($19.5 billion at the current exchange rates) at the beginning of the business day, up 13% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 243.9 billion rubles ($9.6 billion), up 38.5% from Monday.

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