The following is a numbered list of news on latest economic developments in the Islamic Republic of Iran, as of 12:00 GMT, Oct. 19, on IRINN TV.
1. 12:03 GMT – Institute of Standards and Industrial Research of Iran covers only 25 percent of the home-made goods.
2. 12:05 GMT – South Korea has agreed to cooperate in the construction of a dam in southwestern Iran.
3. 12:05 GMT – A conference on oil, gas and petrochemical industry has been held in southeastern province of Kerman.
4. 12:06 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,108,000 rials (about $326.8 according to the currency rate in free market) on Thursday. One gram of the 18-karat gold was priced at 1,233,000 rials (about $30.7).
5. 12:06 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 47,469 rials in the free market. The US dollar was traded at 40,110 rials.
Source: State-owned news channel IRINN, Tehran, in Persian
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