Banks' correspondent accounts with CBR rise 12.3%

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MOSCOW, June 17 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 676.7 billion rubles ($29.2 billion at the current exchange rates) at the beginning of the business day, up 12.3% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 149.7 billion rubles ($6.5 billion), down 43.3% from Monday.

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