Qatar currency in Indian rupee: Qatar is an Islamic country located in a Middle East. It is famous for its strong economy and rich oil and gas resources. The currency here is called Qatri Riyal (QAR), whose value is much higher than the Indian rupee. According to the report of Vice.com, the price of a Qatri Rial is equal to Rs 23.95 in Indian rupees. Qatar’s currency is controlled and issued by Qatar Central Bank, which strengthens the country’s economy.
There is a big difference in the currency exchange rate between Katri Rial and Indian rupee. Qatar’s currency is far more valuable than India. This shows that if a person works in Qatar, then he can earn more money in India. For example, if an Indian earns 1 lakh Katri riyal, then its price will come to India and about 23 lakh rupees. This exchange rate increases the attraction of employment of Indian workers in Qatar.
Indian community in Qatar
Indian migrants live in large numbers in Qatar and work in various industries there. According to 2022 data from the Indian Ministry of External Affairs, there are about 8 lakh Indians in Qatar. The presence of such a large number of Indians shows that there has always been a demand for Indian workers in Qatar. Indian migrants are contributing to construction, healthcare, technology and various other fields there.
Historical relations between Qatar and India
There have been historically strong diplomatic relations between India and Qatar. Diplomatic relations were established between the two countries in the 1970s. Since then, commercial, economic and cultural relations between India and Qatar have been constantly strengthened. The presence of Indian workers in Qatar also deepens these relations. Apart from this, India and Qatar have also been supported in various international forums, which symbolizes close relations between the two countries.
Economic relations between India and Qatar
The economic relations between Qatar and India are particularly strong in the field of oil and gas. Qatar is an important supplier of natural gas for India, while India is a major source of textile, food products and manpower for Qatar. In this way there are many possibilities of trade and cooperation between the two countries, which can increase further in the future.