Interest rate

Even the interest rates of time deposits at Greek banks are approaching zero these days. Bank officials say that the rates will gradually decline from 0.5-0.6 percent today to 0.2-0.3 percent in the next few months.

This led to a rise in the dollar and a decline in Wall Street indices, writes NOVA TV. 

The US Federal Reserve has cut interest rates for the first time in eleven years. 

Interest rates, which affect the cost of borrowing for credit cards and mortgages, are now set to hover between 2% and 2.25%.

Domestic and international conditions seem ideal for the still embattled Greek economy and epecially for the private sector which has been struggling for years.

Turkey will see a downward trend in interest rates in the coming days, the country's finance and treasury minister said on July 30.

The number of optimistic forecasts by international rating agencies regarding the prospects of Greece's borrowing capabilities is growing.

The Monetary Policy Committee (MPC) of Turkey's Central Bank is set to meet today to review its key interest rates, with most analysts expecting the bank to deliver a rate cut between 200 to 300 basis points.

U.S. job growth rebounded strongly in June, but moderate wage gains and mounting evidence that the economy was slowing sharply could still encourage the Federal Reserve to cut interest rates this month.

June 2019 inflation in Romania may fall below 4pct, according to market data with the National Bank of Romania (BNR), BNR Governor Mugur Isarescu said on Thursday at a news conference. "There will be no rampaging inflation in Romania, because we are here too.

According to CNBC, gold prices spiked during Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts.

Spot gold was up 1.3% at $1,377.41 per ounce as of 0117 GMT, after hitting its highest since March 17, 2014 at $1,383.81.

U.S. gold futures surged 3% to $1,397.70 an ounce.

Turkey's Central Bank is expected to keep interest rates steady this week, according to a state-run Anadolu Agency survey released on June 10.