Banks' correspondent accounts with CBR rise 1.5%

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MOSCOW, November 6 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 498.9 billion rubles ($20.2 billion at the current exchange rates) at the beginning of the business day, up 1.5% from Friday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 104.8 billion rubles ($4.3 billion), up 4.2% from Friday.

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