CORRECTED: Russia's national definition money supply grows 1.3% in June - CBR
(third paragraph adjusted)
MOSCOW. July 27. (Interfax) - Russia's M2 national definition money supply grew 1.3% to 24.764 trillion rubles in June from 24.45 trillion rubles the month before, the Central Bank of Russia (CBR) reported on its website.
In January-June, M2 grew 0.9%, from 24.543 trillion rubles on January 1.
In annualized terms, the money supply jumped 19.4%, from 20.745 trillion rubles as of July 1, 2011.
M2 is defined as total cash in circulation (outside banks) and balances in the domestic currency on accounts of resident non-financial organizations, financial organizations (except for credit organizations) and individuals.