Many Indian youth are turning to Russia in search of jobs, but the biggest question is the true value of the Russian currency, the ruble. Indeed, Russia's lifestyle and spending are quite different from India.
Russian President Vladimir Putin will arrive in New Delhi shortly on a state visit to India. Elaborate preparations have been made in the capital to welcome Putin. Heavy security arrangements have been made from the airport to the Prime Minister's residence before Putin's arrival in Delhi. In addition, posters have been put up on the streets, and large billboards promoting Russia-India friendship have been erected at various locations. PM Narendra Modi has hosted a dinner for President Putin at around 8 pm today, while on Friday, PM Modi will hold a summit meeting with President Vladimir Putin. This meeting between PM Modi and Vladimir Putin is expected to focus on defense, trade, and economic partnership. Amidst Putin's visit to India, discussions have intensified regarding jobs in Russia and the Russian currency, the ruble. So, let us tell you today how much it would be worth in India if you earn 10,000 rupees per month driving in Russia.
How much stronger is the Russian currency compared to India?
Many Indian youth are turning to Russia in search of jobs, but the biggest question is what is the true strength of the Russian currency, the ruble. Russia's lifestyle and expenses are quite different from India. Rent and everyday items in cities like Moscow and St. Petersburg are much more expensive than in India. Meanwhile, the exchange rate of the Russian currency fluctuates daily compared to India. According to today's exchange rate, approximately 1.162 rupees equals 1 Russian ruble.
How much would 10,000 Russian rubles be worth in India?
How much would 10,000 Russian rubles be worth in India depends on the currency exchange rate. Today, one Russian ruble is worth 1.162 Indian rupees. Yesterday, the rate was 1.163. This means that the currency values of India and Russia fluctuate daily. Therefore, if someone earns 10,000 rubles a month driving or working in Russia, then 10,000 would be equivalent to approximately 11,620 Indian rupees in Indian terms. This means that earning 10,000 rubles in Russia is equivalent to approximately 11,600 in India.
Is working in Russia profitable?
Thousands of people from India migrate to Russia every year for jobs because of the wide variety of job options available there. However, before applying for a job in Russia, it's important to understand the comparison between income and expenses. Many people, simply by converting rubles to rupees, assume that salaries in Russia are very high, but the reality is that lifestyle costs are significantly higher in Russia than in India. In fact, everyday items like milk, vegetables, bread, and transportation are many times more expensive in Russia than in India. At the same time, the cost of lifestyle and services in Russia is also high. Therefore, 10,000 rubles is considered an average or even below average salary in Russia, especially in large cities.