Russia's narrow monetary base up $2.7 bln to $128.7 bln in week

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MOSCOW, June 8 (RIA Novosti) - Russia's narrowly-defined monetary base stood at 3,353.1 billion rubles ($128.7 billion) as of June 9, up 70.2 billion rubles ($2.7 billion) in the week from June 4, the Central Bank of Russia (CBR) said Friday.

According to the Bank, the monetary base (narrow definition) consists of the currency issued by the bank, including cash in vaults of credit institutions, and required reserves balances on ruble deposits with the Central Bank.

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