Russian central bank says monetary base rose

RUSSIA - Monetary base rose to 614.1 billion rubles as of 23 July which is up 0.2% from 613.1 billion rubles as of 16 July, the Central Bank of Russia said in a report on 27 July.

Compared with 519.6 billion rubles as of January 3, 2001, the growth has been by 18.2%.

Monetary base includes the cash the CBR issues into circulation and the Russian banking institutions required reserves in rubles, placed with the CBR.

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