TOKYO, Dec. 8 (Xinhua) -- A key measure of the amount of money available in Japan rose by 3.3 percent in November when compared to the same month a year earlier, statistics released by the Bank of Japan (BOJ) showed on Tuesday.

    Money stock figures released by the BOJ showed that M2, a measure that combines cash currency in circulation and deposits throughout the nation, stood at 759.3 trillion yen in November. The measure is made using data from all banks in Japan and combines the amount of money held by corporations, individuals and local governments. In October, M2 stood at 757.4 trillion yen.

    The nation's M3 money supply, which adds together M2 with institutional money-market funds, short-term repurchase agreements and other larger liquid assets, rose by 2.4 percent when compared with a year earlier, and stands at 1,057.7 trillion yen.

    M1, which consists of money in circulation as well as demand deposits grew by 1.1 percent to 479.9 trillion yen.

    With uncertainty remaining in the economy, many corporations in Japan are choosing not to invest large amounts in their businesses for the time being, which has led to large amounts of money stock over the past year.

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