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Banks' correspondent accounts with CBR rise 8.1%

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MOSCOW, February 29 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 549.2 billion rubles ($22.8 billion at the current exchange rate) at the beginning of the business day, up 8.1% from Thursday, the CBR said Friday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 110.6 billion rubles ($4.59 billion), down 1.6% from Thursday.

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