BNR's Isarescu: Nothing wrong with ROBOR; I can guarantee there is no mishandling it
Publicat:There is nothing wrong with the ROBOR, the Romanian Interbank Offer Rate, and there is no mishandling it or it slipping from the real level of the market, Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Tuesday.
He was asked if the half-hour morning quoted formula is the best formula for calculating the interest rates, and whether or not when trade is subsequently done below the quote there is an interest of banks excessively profiting of their customers.
"Being interbank only, banks are fighting for a hundredth of a percentage point, which I can swear to…
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