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RIA Novosti

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Russian monetary base down 0.01% in week to $117.1 bln

10:21 08/05/2009
MOSCOW, May 8 (RIA Novosti) - Russia's Central Bank said on Friday the country's narrowly defined money supply (M1) was 3 trillion 820.2 billion rubles ($117.1 billion at the current exchange rate) as of May 4, down by 0.7 billion rubles ($21.5 million) in the week since April 27.

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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RIA NovostiRussian monetary base down 0.01% in week to $117.1 bln

10:21 08/05/2009 Russia's Central Bank said on Friday the country's narrowly defined money supply (M1) was 3 trillion 820.2 billion rubles ($117.1 billion at the current exchange rate) as of May 4, down by 0.7 billion rubles ($21.5 million) in the week since April 27. >>

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