The 3-month ROBOR index, which is used to calculate the cost of variable interest rate consumer loans in Romanian lei, rose on Friday to 7.29%, up from 7.28% per year in the previous session, according to data published by the National Bank of Romania (BNR).
At the beginning of this year, the index stood at 5.92% per year, but began increasing on May 6, two days after the first round of the presidential election, when it rose to 6.08% per year, agerpres reports.
The 6-month ROBOR, used for calculating interest rates on variable-rate mortgage loans in lei, also rose on Friday to 7.39%, from 7.38% on Thursday, while the 12-month ROBOR remained steady at 7.44%.
As for the Reference Index for Consumer Loans (IRCC), regulated by Government Emergency Ordinance 19/2019, it is currently at 5.55% per year, calculated as the arithmetic average of daily interbank interest rates from Q4 2024, and is down from 5.66% in the previous quarter.
Comentează