Monetary Base (narrow definition)
17 June 2005
Press release
The External and Public Relations Department of the Bank of Russia announces that the monetary base (narrow definition) equalled 1844.8 bn. rubles as of June 14, 2005, against 1800.8 bn. rubles as of June 6, 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.
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