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Russian monetary base down $2.2 bln in week to $184.7 bln

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MOSCOW, August 15 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 4 trillion 486 billion rubles ($184.7 billion at the current exchange rate) as of August 11, down 53.4 billion rubles ($2.2 billion) in the week since August 4.

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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