MOSCOW, April 9 (RIA Novosti) - Russia's broadly-defined monetary base fell 0.74% to 4.299 trillion rubles ($128.4 bln) on March 1 from 4.3 trillion ($129.3 bln) on February 1, the Central Bank reported on Thursday.
Broad money supply declined 22% in January.
According to Central Bank terminology, broad money supply consists of cash in circulation, credit institutions' correspondent accounts with the Central Bank, required reserves, bank deposits in the Central Bank and the Bank's bonds held by credit institutions, and also the Central Bank's obligations to buy back securities and required reserves on foreign exchange operations deposited with the Central Bank.
