Russian monetary base down $844 mln in week to $148.4 bln

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MOSCOW, October 5 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 708.3 million rubles ($148.4 billion at the current exchange rate) as of October 1, down 21.1 billion rubles ($844.5 million) in the week since September 24.

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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