The three-month index last neared the level of 3.55% a year eight years ago, in February 2014, when it stood at 3.54% a year.
The three-month rate increased to 3.55% a year on Friday (Feb 11) after surging to 3.53% a year on Thursday (Feb 10) from 3.29% a year, against the backdrop of the country’s central bank raising its benchmark key rate to 2.5% a year from 2% a year.
The three-month rate started 2022 at 3.02% a year.
Financial analysts expect the three-month ROBOR index to reach 3.87% a year over the next twelve months, according to a monthly poll carried out by CFA Society Romania.