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Minister: Iran shows growth in some economic indexes

Iran Materials 24 April 2012 11:45 (UTC +04:00)

Azerbaijan, Baku, April 24/Trend M. Moezzi

Iran's oil exports increased by 25 percent, adding $43 billion to the country's income, Mehr news agency quoted the minister of economy as saying.

Some economic indexes in Iran increased last year (Iran's solar year ended on March 19), even when other countries were trying to make it seem as if the economy was in trouble, Minister of Economic and Financial Affairs, Seyed Shamseddin Hosseini, said.

The imports dropped by 6 percent last year and totaled $60 billion, Mr. Hosseini said.

The capital market increased by 2 percent over the same period, its value reached more than $103.5 billion.

Saying that Iran's stock market has become one of the world's biggest market, Mr. Hosseini added that $6.5 billion-transactions were conducted at the over-the-counter market while the figure hit nearly $14 billion at the mercantile stock exchange.

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