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Russia's narrow monetary base up $1.9 bln in week

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MOSCOW, December 31 (RIA Novosti) - Russia's narrowly-defined monetary base stood at 4,283 billion rubles ($145.8 billion) as of December 29, up 57.3 billion rubles ($1.9 billion) in the week from December 22, the Central Bank of Russia (CBR) said Wednesday.

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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