In August 1, 2002 the volume of the wide monetary base was 1.02 trillionrubles ($32.38bn), which was 900m rubles ($28.57m) less than on July 1,2002 and 91.5bn rubles ($2.9bn) more than on January 1, 2002, the publicrelations department of the Central Bank reported. Some 696.6bn rubles($22.1bn) were notes and coins in circulation taking into account balancesat cash departments of credit organizations, except the Central Bank.Some 92.7bn rubles ($2.94bn) were at correspondent accounts of creditorganizations at the Central Bank on August 1, 2002, compared to 144.5bnrubles ($4.59bn) on January 1, 2002. The volume of compulsory reserves ofresources attracted by credit organizations in rubles and foreign currencywas 182.3bn rubles ($5.8bn) on August 1, 2002, compared to 156.6bn rubles($4.97bn) on January 1, 2002.The total volume of banks' deposits at the Central Bank amounted to 48.1bnrubles ($1.53bn) on August 1, 2002, compared to 24.7bn rubles ($784m) onMay 1, 2002 and 3.7bn rubles ($117.5m) on January 1, 2002. The CentralBank's commitment rate to credit organizations on buying back securitieswas zero..
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.