The following is a numbered list of news on latest economic developments in the Islamic Republic of Iran, as of 12:00 GMT, Oct. 25, on IRINN TV.
1. 12:03 GMT – Iranian Acting Energy Minister Sattar Mahmoudi has said that the country is building new power plants with a total capacity of 3,500 MW, which are expected to come on stream by next summer.
2. 12:04 GMT – Tehran simultaneously is hosting International Exhibition of shoes, leather bags and Allied Industries (Mpex) as well as the 2nd International Fisheries & Seafood Industry Exhibition (IFEX 2017).
3. 12:07 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,076,000 rials (about $324.4 according to the currency rate in free market) on Wednesday. One gram of the 18-karat gold was priced at 1,224,000 rials (about $30.3).
4. 12:08 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 47,501 rials in the free market. The US dollar was traded at 40,299 rials.
5. 12:08 GMT – Report on the performance of the Tehran Stock Exchange (TSE). The main index of the TSE stood at 86637.
6. 12:09 GMT – Iranian industry ministry is planning to launch a scheme aimed at tackling the smuggling of tires into the country.
7. 12:10 GMT – Iran has reopened its trade house in Russia's Astrakhan after 100 years of closure.
Source: State-owned news channel IRINN, Tehran, in Persian
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