Bahrain attracts the attention of the world due to its strong currency Bahrain Dinar (BHD). At a time when the economies of many countries are witnessing ups and downs, the Bahraini Dinar continues to top the list of the most expensive currencies in the world. People of countries like India often want to know why Bahraini Dinar is so valuable and what kind of benefits the people working there get.
According to the report of Vice.com, 1 Bahraini Dinar (BHD) is equal to approximately Rs 239. If an Indian earns 1000 BHD in Bahrain, then its value in India is equal to Rs 239,232. For this reason, Bahrain has become a big attraction for Indian workers, engineers, doctors, IT professionals and financial experts. The strength of the Bahraini dinar is not based only on oil earnings, but is also a result of its stable economic structure and transparent financial system.
Why is Bahrain’s economy so strong?
Bahrain was considered an oil-based economy for a long time, but as times changed, the country gave its economic structure a modern and diverse form. Today Bahrain is called the Financial Hub of the Gulf region, where the banking sector is extremely transparent and reliable as per international standards.
Large population of Indians in Bahrain
According to the government website eoi.gov.in, there are about 3.2 lakh Indians living in Bahrain, whose contribution is very important in the labor market there. These Indians mainly work in sectors like construction and engineering, banking and finance, IT and technology, hotels and restaurants, education and hospitals, business and management. The government of Bahrain not only provides work opportunities to the Indian community but also provides religious and cultural freedom. Temples, Gurudwaras, schools and cultural centers operate openly here, due to which Indian immigrants always feel their cultural connection.
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