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Program summary: Iran IRINN TV economic news, Nov. 1

Business Materials 1 November 2017 19:23 (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, Nov. 1, on IRINN TV.

1. 12:03 GMT – Iranian agriculture ministry has vowed to settle its debts to wheat farmers over the coming weeks.

2. 12:04 GMT – Head of the Islamic Republic of Iran Customs Administration Foroud Asgari briefs on the revenue of the organization.

3. 12:05 GMT – For the first time, India has exported its wheat to Afghanistan through Iran.

4. 12:06 GMT – Iranian and German delegations have met in the southern island of Kish to discuss logistics cooperation.

5. 12:08 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,175,000 rials (about $325.8 according to the currency rate in free market) on Wednesday. One gram of the 18-karat gold was priced at 1,241,000 rials (about $30.69).

6. 12:08 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 47,731 rials in the free market. The US dollar was traded at 40,430 rials.

7. 12:08 GMT – Report on the performance of the Tehran Stock Exchange (TSE). The main index of the TSE stood at 87845.

8. 12:09 GMT – An official with Export Development Bank of Iran has said that a clerical council provides the country’s financial decision makers with advice.

9. 12:10 GMT – A meeting to discuss the problems of petrochemical industry has been held in Mashhad City.

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

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