Three-Month Money Market Rate Drops to 2.89%, Lowest Level in a Year

Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, dropped to 2.89% a year Wednesday, the lowest it's been since January 2019.

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A lower level was most recently registered on January 17, 2019, at 2.87% a year.

On Tuesday, the reference rate was at 2.94% a year.

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