Monetary Base (narrow definition)
13 July 2007
Press release
The External and Public Relations Department of the Bank of Russia announces that the monetary base (narrow definition) equalled 3479.7 bn. rubles as of July 9, 2007, against 3424.1 bn. rubles as of July 2, 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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