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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.

Money is created by the central bank, credit institutions and sometimes the public treasury. Claims on the economy - is the foundation of monetary creation. By putting in circulation payment instruments that have the quality of credit, money intermediaries create currency and distribute purchasing power. Money creation influenced by interbank lending is ongoing, and ROBOR increases or decreases interest rates by encouraging or discouraging loans. Through this study we highlight how monetary creation is developing, as well as the main factors that influence ROBOR. Due to the influence of the national authority to lower the monetary policy rate, lending to the economy was encouraged. And the mix of government policies has driven the demand for money from the economy while also influencing the growth of money supply. Thus, monetary creation is influenced by the policy of increasing or decreasing interest rates on money-market sources. The higher the need for money between credit institutions, the higher the average interest rate, so the ROBOR automatically increases, and the price of the banking products increases. Based on periodic statistical reporting, a trans disciplinary approach, we intend to observe how much money creation has changed in recent years under the supervision of the national supervisory authority of the banking system. Monetary policy interest influences the lending activity of credit institutions and is also correlated with the evolution of prices in the economy.

Economic and social developments in the period January 2000 - December 2013 both internally and externally caused an evolution of ROBOR with significant increases or decreases. Their extent makes it difficult to build models that can be used in the study and forecast of ROBOR. This paper analyzes the possibilities of describing the evolution of ROBOR by autoregressive and moving average models. The analysis is based on three data sets: the first includes ROBOR values the entire period; the second set includes data from January 2006 - December 2013 and the third series, data from February 2009 - December 2013. Starting from these, six models are presented, three for the first period, two for the second and one for third period.

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]

Money is created by the central bank, credit institutions and sometimes the public treasury. Claims on the economy - is the foundation of monetary creation. By putting in circulation payment instruments that have the quality of credit, money intermediaries create currency and distribute purchasing power. Money creation influenced by interbank lending is ongoing, and ROBOR increases or decreases interest rates by encouraging or discouraging loans. Through this study we highlight how monetary creation is developing, as well as the main factors that influence ROBOR. Due to the influence of the national authority to lower the monetary policy rate, lending to the economy was encouraged. And the mix of government policies has driven the demand for money from the economy while also influencing the growth of money supply. Thus, monetary creation is influenced by the policy of increasing or decreasing interest rates on money-market sources. The higher the need for money between credit institutions, the higher the average interest rate, so the ROBOR automatically increases, and the price of the banking products increases. Based on periodic statistical reporting, a trans disciplinary approach, we intend to observe how much money creation has changed in recent years under the supervision of the national supervisory authority of the banking system. Monetary policy interest influences the lending activity of credit institutions and is also correlated with the evolution of prices in the economy. [ABSTRACT FROM AUTHOR]

Economic and social developments in the period January 2000 - December 2013 both internally and externally caused an evolution of ROBOR with significant increases or decreases. Their extent makes it difficult to build models that can be used in the study and forecast of ROBOR. This paper analyzes the possibilities of describing the evolution of ROBOR by autoregressive and moving average models. The analysis is based on three data sets: the first includes ROBOR values the entire period; the second set includes data from January 2006 - December 2013 and the third series, data from February 2009 - December 2013. Starting from these, six models are presented, three for the first period, two for the second and one for third period. [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]