Russian monetary base up $2.2 bln in week to $176.9 bln

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MOSCOW, April 25 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 4 trillion 171.1 million rubles ($176.9 billion at the current exchange rate) as of April 21, up 51.1 billion rubles ($2.2 billion) in the week since April 14.

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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