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In this paper, the author analyzes the evolution of inflation, the evolution of ROBOR 3M, and, respectively, ROBOR 6M, for the 2007-2018 period. It also analyzes the correlation between the inflation rate and ROBOR 3M/6M in the Romanian Banking system using the Pearson index. The result of the correlation based on Pearson correlation coefficient between the inflation rate and ROBOR 3M, respectively ROBOR 6M, was 0.76 for the first correlation, indicating a very good correlation, and 0.78 for the second correlation, indicating a better correlation than the first one. According to the results based on theory and practice, there is a connection, a strong relation and a correlation from good to very good between the inflation rate and ROBOR 3M, and respectively ROBOR 6M. Starting with May 2019, for credit variable interest rate contracted after May 2, 2019, will have the formula for slightly modified interest rates. [ABSTRACT FROM AUTHOR]

Understanding the transmission of the changes in interest rates within the inter-banking money market to the interest rates applied by banks to their clients is essential for knowing the way in which the monetary policy influences the economy. The correlation between the inter-banking interest rate and the active interest rate is important for all participants to the financial market. The traits of this correlation are even more important within the financial systems in which banks play the main role such as those in Romania. In this context, the purpose of the hereby study is to analyze how powerful is the correlation between ROBOR and the interest rate on new credits, in Romania. [ABSTRACT FROM AUTHOR]