The following is a numbered list of news on latest economic developments in the Islamic Republic of Iran, as of 12:00 GMT, Nov. 7, on IRINN TV.
1. 12:03 GMT – The government spokesman, Mohammad Bagher Nobakht, has said that the country conducts most of its trade transactions by euro.
2. 12:05 GMT – Report on Iran’s plans to ditch dollar in its bilateral trade with international partners.
3. 12:08 GMT – The representatives of private sector have attended a meeting in the commerce chamber of Tehran to discuss difficulties and obstacles to privatization.
4. 12:08 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,462,000 rials (about $331.13 according to the currency rate in free market) on Tuesday. One gram of the 18-karat gold was priced at 1248000 rials (about $30.69).
5. 12:08 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 47,529 rials in the free market. The US dollar was traded at 40,654 rials.
6. 12:09 GMT – The main index of Tehran Stock Exchange reached 87883 points.
7. 12:10 GMT – Report on the implementation of the Justice Shares (saham-e edalat) scheme in Iran.
Source: State-owned news channel IRINN, Tehran, in Persian
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