SEOUL, April 22 (Reuters) - South Korea's Vice Finance Minister Hur Kyung-wook said on Wednesday it is important to keep market interest rates low to help the economy recover despite recent worries about excessive liquidity.

South Korea's economy is expected to recover more quickly than other economies, but Asia's fourth-largest economy would be affected by the slowness in the global economic recovery, Hur said in an interview with the state-run KBS radio.

He also said a rebound by the local property market was unlikely. (Reporting by Cheon Jong-woo)