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Program summary: Iran IRINN TV economic news, Nov. 6

Business Materials 6 November 2017 18:25 (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. 6, on IRINN TV.

1. 12:03 GMT – Iran’s insurance fund for mining activities and Bank of Industry and Mine have signed an agreement on cooperation.

2. 12:06 GMT – Central Bank of Iran has announced its plans to reimburse the customers of the dissolved Fereshtegan Credit Institution.

3. 12:08 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,360,000 rials (about $329 according to the currency rate in free market) on Monday. One gram of the 18-karat gold was priced at 1,244,000 rials (about $30.64).

4. 12:08 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 47,623 rials in the free market. The US dollar was traded at 40,597 rials.

5. 12:08 GMT – The main index of Tehran Stock Exchange reached 87843 points.

6. 12:09 GMT – Iran has produced and exported over 14 million barrels of condensate over the current fiscal year (started March 20).

7. 12:10 GMT – The maintenance processes at 17 drilling rigs in South Pars gas field have been completed.

8. 12:11 GMT – An agricultural official has said that Iran annually needs 1.5 million tons of oilseeds.

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

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