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Program summary: Iran IRINN TV economic news, Oct. 11

Business Materials 11 October 2017 18:56 (UTC +04:00)

The following is a numbered list of news on latest economic developments in the Islamic Republic of Iran, as of 12:00 GMT, Oct. 11, on IRINN TV.

1. 12:04 GMT – Iran’s deputy agriculture minister, Abbas Keshavarzi, briefs about a memorandum of understanding (MOU) with Food and Agriculture Organization of the United Nations (FAO) for cooperation in agricultural monitoring.

2. 12:06 GMT – Report on the meat prices in the Iranian market.

3. 12:07 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,062,000 rials (about $326.4 according to the currency rate in free market) on Wednesday. One gram of the 18-karat gold was priced at 1,242,000 rials (about $31).

4. 12:08 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 47,716 rials in the free market gaining 486 rials compared to the preceding day. The US dollar dropped 52 rials to post 40,007 rials.

5. 12:08 GMT – Report on the performance of Tehran Stock Exchange (TSE). The main index of the TSE added 10 points to reach 84744.

6. 12:08 GMT – Farmers in Bafq County in the central province of Yazd have harvested 7,000 tons of dates.

7. 12:11 GMT – Iranian and Turkish customs have eased clearing procedures.

8. 12:11 GMT – Iranian and Japanese officials have discussed the ways to expand economic cooperation.

9. 12:12 GMT – Iran’s Bank Maskan has allocated 82,000 housing loans to applicants planning to purchase houses.

Source: State-owned news channel IRINN, Tehran, in Persian

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