SEOUL, Jan. 14 (Xinhua) -- South Korea's money supply was unchanged for the second straight month in November 2025, central bank data showed Wednesday.
The seasonally-adjusted M2, called broad money, stood unchanged at 4,057.5 trillion won (2.75 trillion U.S. dollars) in November compared to the previous month, after making no change in October, according to the Bank of Korea.
Through a statistical revision, beneficiary certificates such as the exchange-traded funds (ETFs) were excluded from M2 starting this year.
The M1, or narrow money, added 0.1 percent in November on a monthly basis, lower than an increase of 1.0 percent in the prior month.
The M1 refers to currency in circulation, demand deposits and transferable savings deposits equivalent to cash. The M2 adds money market funds, time deposits and financial products that mature in less than two years.
The liquidity of financial institutions, called Lf, swelled 0.1 percent in the cited month, while the liquidity aggregate, the broadest measure of money supply, expanded 0.4 percent.
The Lf includes financial products with maturity of over two years and liquidity at insurers and brokerages, along with M2. The liquidity aggregate adds state and corporate bonds to the Lf. ■
