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Program summary: Iran IRINN TV economic news, Dec. 12

Business Materials 12 December 2017 20:29 (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, Dec. 12, on IRINN TV.

1. 12:03 GMT – Iranian First Vice-President Es'haq Jahangiri has inaugurated three projects in the southwestern province of Khuzestan.

2. 12:04 GMT – Governor of Central Bank of Iran has called for cooperation between banks and research centers.

3. 12:05 GMT – Russia will make over 6,000 rail carriages for Iran.

4. 12:07 GMT – Report on the rate of foreign currencies in the Iranian market. Central Bank of Iran put the official rate of euro at 49,829 rials. The official rate of US dollar was 35,539 rials.

5. 12:07 GMT – Report on the prices of gold in Iranian market. Gold coin was traded at 14,124,000 rials (about $336 according to the currency rate in free market) on Tuesday. One gram of the 18-karat gold was priced at 1,281,000 rials (about $30.5).

6. 12:09 GMT – Report on the performance of the Tehran Stock Exchange (TSE). The main index of the TSE reached 92629 points.

7. 12:09 GMT – Report on the prices of the home-made cars.

8. 12:10 GMT – Report on growing herbal medicines in the country.

9. 12:10 GMT – A conference on maritime industries has been held in the southern island of Kish.

10. 12:11 GMT – The average volume of precipitation in Iran has dropped by 18 percent over the past crop year.

11. 12:12 GMT – Report on the forecast budget deficit in Dubai over the next year.

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

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