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Banks' correspondent accounts with CBR rise 1.2%

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MOSCOW, February 5 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 501.5 billion rubles ($20.51 billion at the current exchange rates) at the beginning of the business day, up 1.2% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 355 billion rubles ($14.52 billion), up 7.256% from Monday.

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