Three-Month ROBOR Spikes To 5.37% A Year On May 11 After Central Bank Raises Key Rate

05.11.2022 By Ecaterina Craciun

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, climbed to 5.37% a year on Wednesday (May 11), higher by 3.07% than 5.21% a year on Tuesday (May 10), as per central bank data.

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