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Russian monetary base up $195 mln in week to $140.5 bln

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The Central Bank said on Friday that Russia's narrowly defined money supply (M1) was 4.101 trillion rubles ($140.5 billion at the current exchange rate) as of... 30.10.2009, Sputnik International

2009-10-30T08:25+0000

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Russian monetary base up $195 mln in week to $140.5 bln

08:25 GMT 30.10.2009

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The Central Bank said on Friday that Russia's narrowly defined money supply (M1) was 4.101 trillion rubles ($140.5 billion at the current exchange rate) as of October 26, up 4.096 trillion rubles ($195.36 billion) in the week since October 19.

MOSCOW, October 30 (RIA Novosti) - The Central Bank said on Friday that Russia's narrowly defined money supply (M1) was 4.101 trillion rubles ($140.5 billion at the current exchange rate) as of October 26, up 4.096 trillion rubles ($195.36 billion) in the week since October 19.

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.