Three-Month ROBOR Drops Further To 8.02% On August 11

08.11.2022 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, has dropped further to 8.02% a year on Thursday (August 11) from 8.06% a year on Wednesday (Aug 10) after central bank governor Mugur Isarescu accused local banks of artificially increasing the rate.

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Keywords:
ROBOR
, decline