Browsing Tag

lowest level

3-month ROBOR Index down below 2pc

The 3-month ROBOR Index, the average interest rate on which Romanian banks borrow from each other, has reached on Thursday the level of 1.98%, the National Bank of Romania (BNR) informs. It is the lowest level since November 14, 2017…

EUR falls to nine-year low vs. USD

The euro fell to its lowest level in almost nine years against the dollar on Monday, amid speculation the European Central Bank will soon expand its stimulus programs aimed at avoiding deflation as the region’s economy struggles to grow,…

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