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Iran's economy ministry on macroeconomic indicators

Business Materials 18 January 2017 12:57 (UTC +04:00)

Baku, Azerbaijan, Jan. 18

By Farhad Daneshvar – Trend:

The Islamic Republic’s Ministry of Economic Affairs and Finance has published its latest monthly report on the country’s macroeconomic indicators for the ninth Iranian calendar month (21 November 2016 – 21 December 2016).

According to the report, per Iranian gold coin known as Bahr-e Azadi (Spring of Liberty) was sold at about $353.4 (11.3 million rials converted to US dollar according to official rate) in the mentioned period, indicating a growth of 5.1 percent.

The rate of US dollar also witnessed a growth of 6.8 percent against the Iranian nationalcurrency, rial, reaching 38,787 rials at Tehran’s free market.

In the meantime, the value of euro increased by 4.9 percent, amounting to 41,887 rials.

Meanwhile, the main index of Tehran Stock Exchange (TSE) has increased by 1.3 percent reaching 80,285 points over the last Iranian calendar month (starting Nov 21, 216) compared to the preceding month.

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