Banks' correspondent accounts with CBR rise 2.7%

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MOSCOW, February 7 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 513.6 billion rubles ($20.8 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 347.6 billion rubles ($14.1 billion), down 4% from Wednesday.

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