The rate stood at 4.60% at the beginning of April 2022 and at 3.87% in early March 2022.
The increase of the three-month rate up to the current level started on February 24, 2022 when Russia launched a full-scale invasion into Ukraine, at which time the rate grew from 3.56% on Feb 23 to 3.61% on Feb 24, 2022.
The six-month ROBOR used in calculating variable interests for mortgage loans in lei grew to 4.90% on Thursday.
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, climbed to 4.97% on Thursday.
The evolution of the ROBOR index is impacted by several factors among which the central bank’s monetary policy, the market liquidity, inflation and tax policy.