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Russian monetary base up 0.6% in week to $125 bln

10:36 29/05/2009

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MOSCOW, May 29 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 893.9 billion rubles ($125.3 billion at the current exchange rate) as of May 25, up 22.2 billion rubles ($714 million) since May 18.

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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Russian monetary base up 0.6% in week to $125 bln

10:36 29/05/2009 Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 893.9 billion rubles ($125.3 billion at the current exchange rate) as of May 25, up 22.2 billion rubles ($714 million) since May 18.>>

Other news of the day