SEOUL, April 15 (Xinhua) -- South Korea's money supply stood unchanged in February amid lower expectations for additional policy rate cuts, central bank data showed Wednesday.

The seasonally-adjusted M2, called broad money, made no change at 4,114.0 trillion won (2.79 trillion U.S. dollars) in February from a month earlier after growing for the past three months, according to the Bank of Korea (BOK).

Pressure eased on the central bank to cut rates further on the back of the economic recovery, driven by a boom in semiconductor exports.

The BOK left its benchmark interest rate unchanged at 2.50 percent after lowering it by 25 basis points in February and May 2025.

The M1, or narrow money, added 0.1 percent in February on a monthly basis, slower than an increase of 1.4 percent in the previous 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 0.8 percent in the cited month, while the liquidity aggregate, the broadest measure of money supply, expanded 0.9 percent.

The Lf includes financial products with a 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. ■