Russian monetary base down $471 mln in week to $129.7 bln

Russian monetary base down $471 mln in week to $129.7 bln
Russian monetary base down $471 mln in week to $129.7 bln - Sputnik International
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Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 990.9 million rubles ($471 billion at the current exchange rate) as of September 7, down 14.5 billion rubles ($471 million) in the week since August 31.

MOSCOW, September 11 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 990.9 million rubles ($471 billion at the current exchange rate) as of September 7, down 14.5 billion rubles ($471 million) in the week since August 31.

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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