By Admin 
British Prime Minister Keir Starmer is on a tour of India and has reached Mumbai. During this two-day visit, discussions will be held on overall bilateral partnership including trade, investment and technical cooperation. There are old relations between India and Britain. The proof of this is that the number of Indians living in Britain is more than the people of other countries. Even in terms of employment, Indians have dominance in Britain. According to the report of A Portrait of Modern Britain, Indians are making waves in the fields of education and employment. The biggest reason behind this is the income in Britain, where the value of the currency is much higher than the Indian rupee.
According to the report of Vice.com, the price of one British pound in India is Rs 118.99. In this way, if an Indian goes to Britain and earns 1 lakh pounds, then its value in India will become 1 crore 18 lakh 98 thousand. From this it can be guessed why lakhs of Indians want to go to Britain and earn. The Bank of England issues the pound. In Britain, mainly polymer notes of £5, £10, £20 and £50 are in circulation, which bear the photo of King Charles III.
British pound dominance
Today the British Pound Sterling is not only the official currency of the United Kingdom, but it is also the fourth most traded currency in the world. Its number comes after US dollar, euro and Japanese yen. According to the International Monetary Fund (IMF), the British pound accounts for about 5% of global foreign exchange reserves. This is evidence of Britain’s stable economy, financial discipline and London being a major global banking hub.
Also read: Pakistan-US Defense Deal: America will give dangerous missiles to Pakistan, big deal made secretly, will India’s tension increase?