Banks' correspondent accounts with CBR rise 3.5%

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MOSCOW, December 12 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 622.1 billion rubles ($25.4 billion at the current exchange rate) at the beginning of the business day, rising 3.5% from Tuesday, the CBR said Wednesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 100 billion rubles ($4 billion), rising 1.3% from Tuesday.

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