The six-month money market rate, which is used to calculate interests on leu-denominated mortgage loans, dropped to 3.39% on Thursday, from 3.40% on Wednesday, returning to the level on September 28.

The nine-month interbank rate, which is used to calculate interests on loans in lei attracted by commercial banks from other commercial banks for a nine-month period, decreased to 3.47% on Thursday, from 3.48%, returning to the level on September 27.

The twelve-month index inched down to 3.52% on Thursday, from 3.53% on Wednesday, returning to the level of September 27.

Romania’s central bank on Wednesday left its benchmark interest rate on hold at 2.5%. The central bank board also kept rates for its deposit and lending facilities unchanged at 1.5% and 3.5%, respectively. It also left minimum reserve requirements on foreign currency liabilities and for leu deposits unchanged at 8%.

Subiecte #DECLINE#ROBOR