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3-month ROBOR index up to 1.82pc on Thursday – the highest level in the past 3 years

The 3-month ROBOR index, the average interest rate on which Romanian banks borrow from each other, has climbed on Thursday on the interbank market at 1.82% against 1.78% on Wednesday and 0.87% at the beginning of the year, data from the National Bank of Romania (BNR) reveal.

The ROBOR three-month index returned to November 11, 2014. Respectively, on November 11, 2014, the index stood at 1.84% per year.

The 3-month ROBOR index has reached the level of 1.94% yoy on Thursday, up from 1.92% on Wednesday.

On Monday, the 3-month ROBOR index increased to 1.79% against 1.78% last Friday. The 6-month ROBOR index hiked to 1.91%, up from 1.87% on October 6.

About Valeriu Lazar