In the last trading session of last week, the three-month rate returned to growth after seven sessions of stagnation at the 1.61% threshold.
The three-month rate currently is below the level of 2.01% a year, in early 2021.
The rate stood at 3.19% a year in early 2020 and at 2.03% a year at the end of 2020.
ROBOR is a monetary indicator used to calculate variable interests for loans in lei and interests for mortgage loans. Loans in lei with variable interests, granted before May 2019, depend on the variations of the ROBOR index.
Financial analysts expect the Romanian leu to depreciate to over 5.0261 units to the euro in the next 12 months, the three-month money market to grow and the country’s central bank to increase the benchmark interest rate at least twice in 2021.