The rate stood at 6.47% a year in early July 2022, as compared to 5.99% in early June 2022. It started the year at 3.02%.
The six-month ROBOR used in calculating variable interests for mortgage loans in lei, reached 7.29% on Monday from 7.27% on Friday.
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 down to 7.40% on Monday from 7.41% a year on Friday.
The upward trend of the ROBOR index started on February 24, when Russia attacked Ukraine.
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.
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, stands at 2.65% for the first quarter of 2022.
(English version by Loredana Fratila-Cristescu)