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Program summary: Iran IRINN TV economic news, Jan. 17

Business Materials 17 January 2018 20:11 (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, Jan. 17, on IRINN TV.

1. 12:02 GMT – Iranian government has decided to allocate loans to startup companies.

2. 12:04 GMT – The volume of banking loans allocated to the various sub-sectors of the economy has increased by 5.5 percent over the first nine months of the current fiscal year (started March 20).

3. 12:05 GMT – Report on the rate of foreign currencies in the Iranian market. Euro was traded at 53,746 rials in the free market. The official rate of US dollar was 36,554 rials and it was traded at 43,890 rials in the free market.

4. 12:06 GMT – Report on the prices of gold in Iranian market. Gold coin was traded at 15,075,000 rials (about $343.4 according to the currency rate in free market). One gram of the 18-karat gold was priced at 1,402,000 rials (about $31.9).

5. 12:06 GMT – The main index of Tehran Stock Exchange reached 98,924 points.

6. 12:07 GMT – Report on the prices of Iranian-made cars.

7. 12:08 GMT – Report on a female farmer who has launched a greenhouse in Yasuch City in southwestern Iran.

9. 12:10 GMT – The total output of Iranian petrochemical producers over the nine months of the current fiscal year (started March 20) has reached 16.4 million tons.

10. 12:11 GMT – Report on an industrial unit in southern city of Shiraz which produces the required equipment for industrial factories.

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

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