Banks' correspondent accounts with CBR rise 4.5%

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MOSCOW, December 5 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 709 billion rubles ($28.9 billion at the current exchange rate) at the beginning of the business day, up 4.5% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 86.1 billion rubles ($3.5 billion), up 0.8% from Wednesday.

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