Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 4 trillion 55.8 billion rubles ($127.7 billion at the current exchange rate) as of July 13, up 1.7% in the week since July 6.

According to the Bank, M1 money supply consists of the currency issued by the bank, including cash in vaults of credit institutions, and required reserves balances on ruble deposits with the Central Bank.