SEOUL, April 24 (Reuters) - The head of South Korea's
central bank said on Monday some short-term interest rates had
fallen more than he had expected, adding it was probably due to
a shift in funds en masse in search of quick profits.
Bank of Korea Governor Rhee Chang-yong also told reporters
its monetary policy tightening since late 2021 had had an effect
when considering the recent cooling trends in the real estate
market and household borrowings.
(Reporting by Seunggyu Lim; Writing by Choonsik Yoo; Editing by
Toby Chopra)
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