Russian monetary base down $1.79 bln in week to $139.4 bln

© RIA Novosti . Mikhail Kutuzov Russian monetary base down $1.79 bln in week to $139.4 bln
 Russian monetary base down $1.79 bln in week to $139.4 bln  - Sputnik International
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The Central Bank said on Friday that Russia's narrowly defined money supply (M1) was 4.049 trillion rubles ($139.4 billion at the current exchange rate) as of November 2, down 52 trillion rubles ($1.792 billion) in the week since October 26.

MOSCOW, November 6 (RIA Novosti) - The Central Bank said on Friday that Russia's narrowly defined money supply (M1) was 4.049 trillion rubles ($139.4 billion at the current exchange rate) as of November 2, down 52 trillion rubles ($1.792 billion) in the week since October 26.

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.

 

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