Banks' correspondent accounts with CBR rise 7.8%

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MOSCOW, October 11 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 603.0 billion rubles ($24.1 billion at the current exchange rates) at the beginning of the business day, up 7.8% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 176.9 billion rubles ($7.1 billion), down 22.1% from Wednesday.

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