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Monetary Base (narrow definition)

25 February 2005
Press release

The External and Public Relations Department of the Bank of Russia announces that the monetary base (narrow definition) equalled 1662.5 bn. rubles as of February 21, 2005, against 1649.5 bn. rubles as of February 14, 2005.

The monetary base (narrow definition) consists of the currency issued by the Bank of Russia (including cash in vaults of credit institutions) and required reserves balances on ruble deposits with the Bank of Russia.


The reference to the Press Service is mandatory if you intend to use this material.

25.02.2005 00.00.00