MOSCOW, January 19 (RIA Novosti) - Russia's monetary base rose by 22.4% in 2005, year-on-year, to about $101.8 billion, the Russian Central Bank said Thursday.
The monetary base in its broad definition, as quoted by the bank, includes cash in circulation, credit institutions' correspondent accounts with the Central Bank, required reserves, banks' deposits with the Central Bank and the Central Bank's bonds placed with credit institutions, and also the Central Bank's repurchase obligations and reserves that it holds on foreign exchange operations.
