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Russian monetary base down $843 mln in week to $154.6 bln

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MOSCOW, December 7 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 796.1 million rubles ($154.6 billion at the current exchange rate) as of December 3, down 20.7 billion rubles ($843 million) in the week since November 26.

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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