Banks' correspondent accounts with CBR rise 5.2%

MOSCOW, October 24 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 430.4 billion rubles ($17.3 billion at the current exchange rates) at the beginning of the business day, up 5.2% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 389.5 billion rubles ($15.6 billion), up 0.3% from Tuesday.