Russian monetary base up $477 mln in week to $133bln

© Sputnik / Mikhail Kutusov / Go to the mediabankRussian monetary base up $477 mln in week to $133bln
Russian monetary base up $477 mln in week to $133bln - Sputnik International
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MOSCOW, September 18 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 4 trillion 39.3 billion rubles ($133 billion at the current exchange rate) as of September 14, up 14.5 billion rubles ($477 million) in the week since September 7.

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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