Monetary Base (narrow definition)
16 March 2007
Press release
The External and Public Relations Department of the Bank of Russia announces that the monetary base (narrow definition) equalled 3094.4 bn. rubles as of March 12, 2007, against 3044.7 bn. rubles as of March 5, 2007.
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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