Romania’s 3-month ROBOR climbs again to highest level in more than 4 years

The 3-month ROBOR index, based on which the cost of consumer loans in the local currency with variable interest rate is computed, climbed to 3.15 percent on Wednesday, a new high in more than 4 years.

The index was up by 0.01 percentage points from Tuesday. The ROBOR has reached the highest level since May 5 2014.

Meanwhile, the ROBOR on six months, based on which the mortgage loans  in the local currency with variable interest rate is computed, grew to 3.24 percent from 3.23 percent in the previous day.

The 12-month ROBOR grew to 3.31 percent from 3.30 percent in the previous day.

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