Russian monetary base down $806 mln in week to $139.9 bln

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MOSCOW, August 3 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 575.9 million rubles ($139.9 billion at the current exchange rate) as of July 30, down 20.6 billion rubles ($806 million) in the week since July 23.

According to the Bank, M1 money supply 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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