Russian money supply grows 1.4% to 13.3 trln rubles in August
MOSCOW. Sept 25 (Interfax) - Russia's M2 money supply (national definition) expanded 1.4% to 13.305 trillion rubles in August 2009 from 13.121 trillion rubles in July, when the supply contracted 0.3%, the Central Bank said on its website.
Money supply declined 1.4% in the first eight months of the year from 13.493 trillion rubles on January 1.
Over the past year, the money supply has declined 8.4% from 14.53 trillion rubles on September 1, 2008.
M0 (cash in circulation) money supply decreased 1.24% to 3.507 trillion rubles in August and 7.6% in the eight months from 3.795 trillion rubles at the start of the year.
M0 money supply declined 9.8% over the last year from 3.887 trillion rubles on September 1, 2008.
Non-cash funds increased 2.4% to 9.799 trillion rubles in August and 1% in January-August from 9.698 trillion rubles. Non-cash funds contracted 7.9% over the last year from 10.643 trillion rubles.
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.