Banks' correspondent accounts with CBR rise 2.7%

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MOSCOW, May 13 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 587.9 billion rubles ($25.3 billion at the current exchange rates) at the beginning of the business day, up 2.7% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 212.2 billion rubles ($9.1 billion), down 9% from Monday.

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