ROBOR hits fresh 3.5-year high of 2.82 pct

Romania’s money market rate (ROBOR), the main indicator that sets the interest rates for RON currency borrowers, reached on Tuesday a new 3.5-year record of 2.82 percent, National Bank of Romania (BNR) data show. The ROBOR 3M calculated for May 29, 2018, is the highest since October 14, 2014. The 3M rate rose by 0.03 percentage point from the previous market session. Compared with the end of 2017, the 3-month index rose by ...

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