Business

Russian monetary base up $1.7 bln in week to $141 bln

10:14 23/10/2009

MOSCOW, October 23 (RIA Novosti) - The Central Bank said on Friday that Russia's narrowly defined money supply (M1) was 4.096 trillion rubles ($141 billion at the current exchange rate) as of October 19, up 48.9 billion rubles ($1.7 billion) in the week since October 12.

According to the bank, M1 money supply consists of the currency issued by the bank, including cash in vaults of credit institutions, and required reserve balances on ruble deposits with the Central Bank.

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Russian monetary base up $1.7 bln in week to $141 bln

10:14 23/10/2009 The Central Bank said on Friday that Russia's narrowly defined money supply (M1) was 4.096 trillion rubles ($141 billion at the current exchange rate) as of October 19, up 48.9 billion rubles ($1.7 billion) in the week since October 12.>>

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