Banks' correspondent accounts with CBR rise 2.8%

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MOSCOW, August 7 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 560 billion rubles ($23.7 billion at the current exchange rates) at the beginning of the business day, up 2.8% from Wednesday, the CBR said Thursday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 261 billion rubles ($11 billion), up 5.5% from Wednesday.

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