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

Business Materials 12 February 2018 19:39 (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, Feb. 12, on IRINN TV.

1. 12:02 GMT – Iranian Energy Minister Reza Ardakanian has expressed interest in synchronizing the country’s power grid with Europe.

2. 12:04 GMT – At a meeting on Feb. 12, Iranian ministers and the governor-generals of provinces of the country discussed the government plans to develop the economy.

3. 12:05 GMT – An international exhibition on agriculture will be held on Feb. 24.

4. 12:06 GMT – Report on the rate of foreign currencies in the Iranian market. Euro was traded at 58,773 rials in the free market. Official rate of the USD was 36,998 rials and it was traded at 47,328 rials in the free market.

5. 12:07 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 15,635,000 rials (about $330.3 according to the currency rate in the free market). One gram of the 18-karat gold was priced at 1,509,000 rials (about $31.8).

6. 12:08 GMT – Main index of the Tehran Stock Exchange (TSE) reached 97,924 points.

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

8. 12:10 GMT – Iranian aviation organization says the country is fully prepared to carry out flights in adverse weather conditions.

9. 12:11 GMT – Germans are studying a plan to invest in the construction of a wind power plant.

10. 12:12 GMT – Report on power generation form renewable sources in Germany.

11. 12:13 GMT – China plans to launch its long-awaited crude oil futures contract.

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

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