Banks' correspondent accounts with CBR rise 2.7%

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MOSCOW, December 20 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 705.3 billion rubles ($28.5 billion at the current exchange rates) at the beginning of the business day, up 2.7% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 166.3 billion rubles ($6.7 billion), down 0.6% from Wednesday.

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