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Three-month interbank offered rate down slightly to 3.06 pct p.a.

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The 3-month Romanian Interbank Offered Rate ROBOR, against which the cost of variable-interest rate loans denominated in lei is calculated, dropped slightly to 3.06 percent per annum, from 3.07 percent per annum, quotation it stood at for six days, according to data released by the of Romania (BNR).  According to BNR data at the beginning of 2019, the 3M ROBOR stood at 2.99 percent, and in the similar period of last year it stood at 3.25 pct per annum

The 6M rate used to calculate interest on mortgage loans dropped to 3.15 percent per annum from 3.16 percent, while…

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