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Banks' correspondent accounts with CBR rise 4.9%

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MOSCOW, July 17 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 620.2 billion rubles ($26.78 billion at the current exchange rates) at the beginning of the business day, up 4.9% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 497 billion rubles ($21.46 billion), up 6.65% from Wednesday.

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