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The volume of the monetary base in the narrow definition in Russia amounted to 22,191.5 billion rubles as of August 7, the Bank of Russia reported.
As of July 31, the monetary base in Russia was 22,026.4 billion rubles. Thus, over the period it increased by 0.74%, or by 165.1 billion rubles.
The monetary base in the narrow definition includes cash issued into circulation by the Bank of Russia (taking into account balances in the cash offices of credit institutions) and balances on accounts of required reserves for funds attracted by credit institutions in national currency, deposited with the Central Bank.
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BeforeJuly 31
Russia's monetary base was 22,026.4 billion rubles
Now
The Bank of Russia reported that the narrow monetary base as of August 7 amounted to 22,191.5 billion rubles, up 0.74% over the week.
Next
Further dynamics of the monetary base are expected depending on the Central Bank's rate decisions and open market operations.