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Program summary: Iran IRINN TV economic news, Oct. 16

Business Materials 16 October 2017 18:07 (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. 16, on IRINN TV.

1. 12:03 GMT – First Vice-President Es’haq Jahangiri and Governor of Central Bank of Iran Valiollah Seif have attended an administrative meeting discussing plans to create 955,000 job opportunities in the country.

2. 12:05 GMT – Iran has inaugurated an exhibition on telecommunications technology in capital Tehran. ICT Minister Mohammad-Javad Azari Jahromi addressed the inaugural ceremony. (Report includes interviews with exhibitors and participants)

3. 12:07 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,157,000 rials (about $328.5 according to the currency rate in free market) on Monday. One gram of the 18-karat gold was priced at 1,245,000 rials (about $31).

4. 12:08 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 47,499 rials in the free market adding 72 rials compared to the preceding day. The US dollar gained 39 rials to post 40,051 rials.

5. 12:08 GMT – Report on the performance of Tehran Stock Exchange (TSE). The main index of TSE improved by 195 points to rest at 85590.

6. 12:10 GMT – An international exhibition on water and water equipment has been inaugurated in Tehran.

7. 12:10 GMT – Iranian Minister of Economy and Finance Masoud Karbasian has discussed expansion of bilateral ties with his Malaysian counterpart at a meeting on the sidelines of the World Bank's autumn summit in Washington.

8. 12:11 GMT – Iranian Civil Aviation Organization has announced the prices for flights between Tehran and Iraqi holy cities.

9. 12:12 GMT – Iranian western city of Malayer annually produces 250,000 tons of grapes. The city also exports 45,000 tons of raisins.

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

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