ROBOR at 3 months returns below 8%, the 6 months one drops to 8.13%


Get real time updates directly on you device, subscribe now.

The ROBOR index, with a maturity of 3 months and 6 months, respectively, fell from 8.02 to 7.98 on Friday, while the 6-month quote fell from 8.19 to 8.13, according to the data published by the Central Bank.

ROBOR – Romanian Interbank Offer Rate, is the reference rate of the interbank money market for deposits placed, named in this way since November 2007. Before this date, the name was BUBOR (Bucharest Interbank Offer Rate). Placed deposits represent banks’ liquidity supply on the interbank money market, the place where banks lend each other money,

CFA Romania (Chartered Financial Analyst) estimates for the end of the year a level of ROBOR 3M at 7.95% and an exchange rate of the euro of 5.02 lei (for the end of the year).

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.