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Program summary: Iran IRINN TV economic news, March 18

Business Materials 27 March 2018 16:26 (UTC +04:00)

The following is a numbered list of news on latest economic developments in the Islamic Republic of Iran, as of 11:00 GMT, March 18, on IRINN TV.

1. 11:00 GMT – Iran’s First Vice-President Eshaq Jahangiri has inaugurated several development projects in Tehran Province.

2. 11:01 GMT – Iranian and Azerbaijani railways officials have inaugurated the Astara-Astara railway.

3. 11:02 GMT – Export Development Bank of Iran will continue to issue loans to exporters with an interest rate of 11 percent over the current year.

4. 11:03 GMT – Report on the rate of foreign currencies in the Iranian market. Euro was traded at 60,548 rials in the free market. The official rate of the USD was 37,685 rials and it was traded at 48,840 rials in the free market.

5. 11:03 GMT – Report on the prices of gold in the Iranian market. The gold coin was traded at 17,150,000 rials (about $ 351.1 according to the currency rate in the free market). One gram of the 18-karat gold was priced at 1,613,000 rials (about $33).

6. 11: 04 GMT – The main index of Tehran Stock Exchange hit 96,597.

7. 11:05 GMT – Over 42 million of fish have been released into the water in the northern province of Golestan.

8. 11:07 GMT – Iranian Industry Minister Mohammad Shariatmadari has called for creating a link between the market and the knowledge-based companies

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

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