{"id":5036,"date":"2018-04-18T04:34:45","date_gmt":"2018-04-18T04:34:45","guid":{"rendered":"http:\/\/en.azpar.com\/?p=5036"},"modified":"2018-04-21T04:40:19","modified_gmt":"2018-04-21T04:40:19","slug":"majlis-to-sit-with-officials","status":"publish","type":"post","link":"https:\/\/en.azpar.com\/?p=5036","title":{"rendered":"Majlis to Sit with Officials!"},"content":{"rendered":"<h2 style=\"text-align: justify;\"><strong>Market News<\/strong><\/h2>\n<p style=\"text-align: justify;\">-Stressing on the need to reconsider some decisions, the Head of the Economic Commission of Majlis announced their agreement as a whole with the recent measures taken by the government to control and manage the foreign exchange market. As has been previously reported in\u00a0Agah daily reports, the government set a single exchange rate to the dollar at IRR 42,000 since last Monday. However, setting a fixed\u00a0exchange rate\u00a0was among those the Majlis Commission was dissatisfied due to its adverse consequences for the country\u2019s economy, stating that the government should have set a more realistic rate after the USD rose to IRR 62,000 and gradually moving towards lower prices. The commission members will again sit with government representatives early next week to discuss the status, challenges and solutions for taking the current attempts further.<span id=\"more-13802\"><\/span><\/p>\n<p style=\"text-align: justify;\">-In its latest estimates, the International Monetary Fund (IMF) put Iran\u2019s economic growth, unemployment and inflation rates in 2017 at 3.4%, 11.8% and 9.9%, respectively; it is so while it had previously predicted economic growth at 3.5%. This body has forecasted Iran to experience 4% growth in its economy in 2018; besides, the inflation and unemployment rates are also estimated to reach 12.1% and 11.7% in 2018.<\/p>\n<h2 style=\"text-align: justify;\"><strong>In the Market<\/strong><\/h2>\n<p style=\"text-align: justify;\">The\u00a0<strong>Sugar<\/strong>\u00a0Industry was highly demanded just like the previous session; the majority of names closed with buy queues. With Ramadan coming, this sector is believed to benefit its shareholders. The\u00a0<strong>Food and Beverages<\/strong>\u00a0space also saw a positive sentiment with some like Pak Dairies and Pegah-e Azerbaijan-e Qarbi closing with buy queues.<\/p>\n<p style=\"text-align: justify;\">The\u00a0<strong>Metals<\/strong>\u00a0space witnessed positive trades. Tuka Foolad Investment and Alumrad gained 4%. Kimia-ye Zanjan Gostaran Mineral received its license from the SEO to raise its capital by 100% based on retained earnings; it faced a buy queue.<\/p>\n<p style=\"text-align: justify;\">The\u00a0<strong>Iron Ore<\/strong>\u00a0sector also settled with slim gains, although Iran Manganese Mines managed to go up by 4%.<\/p>\n<p style=\"text-align: justify;\">The\u00a0<strong>Oil Products<\/strong>\u00a0industry saw better trades, with Tabriz Oil Refining and Iranol as top gainers, both growing\u00a0by 20%.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/1-10.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-13812 size-full\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/1-10.png\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" srcset=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/1-10.png 723w, http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/1-10-300x211.png 300w\" alt=\"\" width=\"723\" height=\"508\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/2-9.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13804\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/2-9.png\" sizes=\"auto, (max-width: 633px) 100vw, 633px\" srcset=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/2-9.png 633w, http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/2-9-300x185.png 300w\" alt=\"\" width=\"633\" height=\"390\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/3-8.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13805\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/3-8.png\" sizes=\"auto, (max-width: 556px) 100vw, 556px\" srcset=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/3-8.png 556w, http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/3-8-300x199.png 300w\" alt=\"\" width=\"556\" height=\"369\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/4-9.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13806\" src=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/4-9.png\" sizes=\"auto, (max-width: 699px) 100vw, 699px\" srcset=\"http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/4-9.png 699w, http:\/\/agahgroup.com\/wp-content\/uploads\/2018\/04\/4-9-300x179.png 300w\" alt=\"\" width=\"699\" height=\"416\" \/><\/a><\/p>\n<p>Source:<\/p>\n<p><em>2018, Majlis to Sit with Officials!, Wednesday, April 18, p.1,<a href=\"http:\/\/agahgroup.com\/majlis-sit-officials-daily-market-news\/\" target=\"_blank\" rel=\"noopener\">&lt;https:\/\/agahgroup.com<\/a><\/em><em>&gt;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market News -Stressing on the need to reconsider some decisions, the Head of the Economic Commission of Majlis announced their agreement as a whole with the recent measures taken by the government to control and manage the foreign exchange market. As has been previously reported in\u00a0Agah daily reports, the government set a single exchange rate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,28,31,1],"tags":[],"class_list":["post-5036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-news","category-news-events","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/5036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5036"}],"version-history":[{"count":3,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/5036\/revisions"}],"predecessor-version":[{"id":5040,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/5036\/revisions\/5040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/media\/5039"}],"wp:attachment":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}