The three-month ROBOR last reached 1.98% on January 2014, central bank data also show.

The three-month ROBOR stood at 2.05% at the beginning of 2018.

The six-month ROBOR index, which is used to calculate interests on leu-denominated mortgage loans, dropped to 2.22%, from 2.25% on January 10.

Romania’s central bank on Monday raised its benchmark interest rate to 2% a year from a previous record low of 1.75% and raised the interest for deposit facilities to 1% and that for lending facilities to 3%. The central bank had not raised the key rate since May 2015.

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