Banks' correspondent accounts with CBR rise 10%

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MOSCOW, July 29 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 487.2 billion rubles ($21.3 billion at the current exchange rates) at the beginning of the business day, up 10% from Monday, the CBR said Tuesday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 197.8 billion rubles ($8.6 billion), down 37.8% from Monday.

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