Monetary Base (narrow definition)
Monthly values at the beginning of the reporting date
|currency issued (outside the Bank of Russia)||required reserves of the banks in the Bank of Russia|
The monetary base (narrow definition) consists of the cash money issued by the Bank of Russia (including cash in vaults of credit institutions) and balances of credit institutions’ required reserves on rouble deposits with the Bank of Russia.
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Last updated on: 01/02/2021