Russia's narrow monetary base down $994 mln to $174 bln in week

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MOSCOW, October 3 (RIA Novosti) - Russia's narrowly-defined monetary base stood at 4,433.8 billion rubles ($174.3 billion) as of September 29, down 25.3 billion rubles ($994 million) in the week from September 22, the Central Bank of Russia (CBR) said Friday.

According to the Bank, the monetary base (narrow definition) 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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