Banks' correspondent accounts with CBR rise 4.2%

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MOSCOW, July 14 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 705.7 billion rubles ($30.3 billion at the current exchange rates) at the beginning of the business day, up 4.2% from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 409.6 billion rubles ($17.6 billion), down 5.5% from Friday.

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