The 6-month ROBOR Index has increased on Monday to 2.31%, up from 2.30%, whereas the 9-month ROBOR Index has increased to 2.33% from 2.32%. On the other hand, the 3-month ROBOR Index remained steady at 2.19%, the same as last Friday and as in August 2014, the National Bank of Romania (BNR) informs.
At the beginning of the year, the 3-month ROBOR Index was 0.87%.
ROBOR (Romanian Interbank Offer Rate) is the average interest rate for loans in national currency granted on the interbank market, and the increase of this indicator will lead to an increase of instalments in the case of RON loans.
At the beginning of October, the BNR representatives showed that the interest rates on the interbank market have increased in the context of fluctuations in liquidity and rising inflation at a faster pace than projected over medium term.