Russian monetary base up $3.8 bln in week to $195.5 bln

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MOSCOW, July 18 (RIA Novosti) - Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 4 trillion 445.2 billion rubles ($195.5 billion at the current exchange rate) as of July 14, up 85.5 billion rubles ($3.8 billion) in the week since July 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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