Three-Month ROBOR Keeps Downward Trend, Reaches 7.96% On August 16

08.16.2022 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, continued its downward trend, dropping further to 7.96% a year on Tuesday (August 16) from 7.98% a year on Friday (Aug 12), as per central bank data.

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Keywords:
ROBOR
, decline