The Central Bank of Russia reported that broad money supply (M2X) rose 1.0% in August, driven mainly by corporate deposits, while annual M2X growth slowed to 12.2%. Credit to the economy increased from July but its annual growth rate declined, remaining the main source of money supply growth alongside a positive contribution from fiscal operations.
2026-09-24Central Bank of Russia
Central Bank of Russia reports 1.0% monthly broad money growth in August as annual growth slows to 12.2%
Russia’s broad money supply rose 1.0% in August, led mainly by corporate deposits, while annual growth slowed to 12.2%. Credit to the economy increased from July and remained the principal source of money supply growth.