The index has gained 4.65% since the beginning of the week.
It started the month at 4.6% and has since increased by 7.6%, while the increase since the beginning of the year, when it stood at 3.02%, is almost 64%, Ziarul Financiar calculated from Romania’s central bank data.
The six-month ROBOR used in calculating variable interests for mortgage loans in lei grew to 5.04% from 5% on Thursday, while 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, went up to 5.11% from 5.07%.
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.
(English version by Loredana Fratila-Cristescu)