The index returned to less than 7% at the end of last week, for the first time in two months. The three-month ROBOR jumped from 6.47% to 7.25% on May 8.

The six-month ROBOR, used to calculate variable interest rates for mortgage loans in lei, fell to 6.88% on July 14 from 6.89% on July 11.

The 12-month ROBOR dropped to 7.01% from 7.02%.

(English version by Loredana Fratila-Cristescu)