By Admin 
Prime Minister Narendra Modi has gone on a tour of 3 countries, in which he will visit Jordan, Ethiopia and Oman. PM Modi will visit Oman on December 17-18 in a four-day visit. However, if we talk about Oman, it is a Muslim country, where the value of its currency is much higher than the Indian Rupee. According to the report of Vice.com, the price of 1 Omani Rial is 236 rupees. This clearly means that the money earned in Oman has huge value in India.
For example, if a person earns 500 OMR in Oman and changes it in India, then this amount is equal to about Rs 1 lakh 18 thousand. This is the reason why Indians working in Oman are able to provide better financial support to their families in India.
Why is the Omani Rial so strong?
There are many big reasons behind the strength of Omani Rial. Oman is a country rich in oil and natural gas, which is considered the backbone of its economy. Apart from this, Oman’s economy is quite stable and its foreign exchange reserves are also in a strong position. Another important reason is the country’s low population and high per capita income. Oman has been successful in keeping its currency stable and strong due to its low population and strong revenues.
More powerful than the US dollar
Many people are surprised to know that the value of Omani Rial is more than the US dollar. The value of 1 Omani Rial is equal to 2.60 US dollars. There are very few currencies in the world which are considered above the dollar and Omani Rial is included in them.
Large presence of Indians in Oman
The Indian community is considered to be the largest expatriate group in Oman. According to the report of the Ministry of External Affairs, 7 lakh 81 thousand Indians are living here. Indians are not only contributing to the economy of Oman, but have also become an important part of the social and cultural life there.
In which sectors do Indians work?
Indian expatriates in Oman mainly work in the construction, industrial, service and trading sectors. Apart from this, there is a good presence of Indian professionals in the fields of IT, medical, business and education. A large number of Indian students are also turning to Oman for higher education.
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