The rate started 2022 at 3.02% a year and its upward trend set off on February 24 when Russia launched a full-scale invasion into Ukraine.
The six-month ROBOR used in calculating variable interests for mortgage loans in lei, fell to 8.16% on Tuesday from 8.17% on Monday (Nov 14).
The twelve-month ROBOR index, which represents the interest rate paid on loans in lei attracted by commercial banks from other commercial banks for a twelve-month period, dropped to 8.34% a year on Tuesday from 8.36% a year on Monday.
The trend of the ROBOR index is impacted by several factors among which the central bank’s monetary policy, the market liquidity, inflation and tax policy.