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Program summary: Iran IRINN TV economic news, Dec. 18

Business Materials 18 December 2017 17:35 (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. 18, on IRINN TV.

1. 12:03 GMT – Iran and Russia have concluded an agreement on the production of rail carriages.

2. 12:04 GMT – The head of Securities and Exchange Organization of Iran (SEO), Shapour Mohammadi, has attended a press conference in Tehran.

3. 12:06 GMT – Report on the performance of Tehran Stock Exchange (TSE). The main index of the TSE has reached 95477 points.

4. 12:07 GMT – Report on the rate of foreign currencies in the Iranian market. Euro was traded at 49,626 rials in the free market. The official rate of US dollar was 35,699 rials and it was traded at 41,684 rials in the free market.

5. 12:07 GMT – Report on the prices of gold in Iranian market. Gold coin was traded at 13,895,000 rials (about $333.3 according to the currency rate in free market). One gram of the 18-karat gold was priced at 1,281,000 rials (about $30.7).

6. 12:08 GMT – Report on fruit prices in the country.

7. 12:08 GMT – Report on the prices of the home-made cars.

8. 12:09 GMT – IMF has forecasted that Iran's GDP would reach 4.2 percent over the next year.

9. 12:10 GMT – Report on home-made car prices.

10. 12:10 GMT – A sanitary ware factory in East Azerbaijan Province produces 6,000 pieces per day.

11. 12:13 GMT – Gasoline consumption in Iran had increased by eight percent.

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

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