At the end of last week, it had reached 7.40%.
On January 3, 2023, ROBOR index stood at 7.56% and on December 30, 2022 it had reached 7.57%.
The highest level it reached in 2022 was 8.21%, in October.
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.
On Friday, January 20, the six-month ROBOR, used in calculating variable interests for mortgage loans in lei, went down to 7.54%, from 7.55% on Thursday, and the 12-month index was flat at 7.91%.
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, has risen to 5.71% since January 1, 2023, from 4.06% at end-2022.
(English version by Catalina Apostoiu)