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money sup
Domestic credit — the total amount of the banking system’s ply in the national definition does not include foreign currency
claims on government
according to the monetary survey methodology, the money sup
Individual Indicators Highlights ply in the national definition does not include foreign currency
Net foreign assets
according to the monetary survey methodology, the money sup
Individual Indicators Highlights ply in the national definition does not include foreign currency
Net foreign assets
sup liabilities of these sectors, plus the value of “net errors and
ply of goods and services against import contracts and omissions” item of the
large-value urgent payments, related
to the implementation of the monetary and budgetary pol-
icy and financial market transactions, Clearing Chamber
of the Moscow Interbank Currency
as real growth in the money supply, slower velocity of money sup-
ply, a non-inflationary increase in the economy’s money supply and the ex-
growth in money sup pansion of liquidity of the banking system and
ply, corresponding to the forecast macroeconomic growth in cash on hand, aggravating the
the stability of the national cur
rency and ensure an uninterrupted sup
ply of payment turnover with banknotes and
the number of coins increased by
the recovery of ex crease in the contract prices of fertiliser and poly
49
BANK OF RUSSIA 2009 ANNUAL REPORT
RUSSIA’S MAJOR BALANCE OF
of the excess money sup domestic forex market reached the highest level
ply, the Bank of Russia and the Russian Govern in the second quarter