Banks' correspondent accounts with CBR rise 8%

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MOSCOW, September 24 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 450.6 billion rubles ($17.9 billion at the current exchange rates) at the beginning of the business day, up 8% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 238 billion rubles ($9.5 billion), down 3.6% from Friday.

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