The following is a numbered list of news on latest economic developments in the Islamic Republic of Iran, as of 12:00 GMT, Dec. 25, on IRINN TV.
1. 12:03 GMT – The Iranian governmental institution for standardization and certification has said that the production of 25 brands of sub-standard cars has been stopped in the country.
2. 12:05 GMT – Statistical Center of Iran has put the inflation rate at eight percent.
3. 12:06 GMT – Report on the rate of foreign currencies in the Iranian market. Euro was traded at 49,681 rials in the free market. The official rate of US dollar was 35,958 rials and it was traded at 41,728 rials in the free market.
4. 12:07 GMT – Report on the prices of gold in Iranian market. Gold coin was traded at 13,965,000 rials (about $334.6 according to the currency rate in free market). One gram of the 18-karat gold was priced at 1,287,000 rials (about $30.8).
5. 12:08 GMT – Report on the high performance of Tehran Stock Exchange (TSE) over the last week.
6- 12:09 GMT – The main index of the Tehran Stock Exchange reached 98358 points on Monday.
7. 12:09 GMT – Securities and Exchange Organization of Iran (SEO) has criticized Bank Saderat over its failure to provide the market with proper information about its performance.
9. 12:10 GMT – Report on the prices of home-made cars.
10. 12:11 GMT – Easing customs regulations would boom Iran’s petrochemicals exports to Turkey.
Source: State-owned news channel IRINN, Tehran, in Persian
For transcription and video from the news program please contact us at [email protected]