As of March 1, 2016 money supply in Russia in the national definition (M2) totaled Rub 35,105.4 bln, or up around 0.8% m-o-m (from Rub 34.83 bln as of February 1, 2016). These numbers were posted on the Bank of Russia's website.
National money supply comprises cash in circulation beyond the banking system and cash balances held in a national currency on demand accounts and term deposit accounts of households, non-financial and financial (except for lending) institutions that are residents in Russia.
All components of money supply rose in February, except for term corporate deposits which fell from Rub 5,972.7 bln at the start of the month to Rub 5.75 tln as of March 1.
As of March 1, 2016 money supply has declined 2% YTD. During this two-month period the general trend was bucked by corporate demand accounts (an increase from Rub 6.06 tln as of January 1, 2016 to Rub 6.30 tln as of March 1) and term retail deposits (a surge from Rub 12.77 tln to Rub 13.07 tln).
