The conversation between human and AI assistant.
What is the INR equivalent to 1 billion USD?
Wow, that's a lot of money in Indian Rupees. Can you tell me how the exchange rate between USD and INR is determined?
The exchange rate is determined by the supply and demand for each currency in the foreign exchange market. Factors such as interest rates, economic growth, inflation, and political stability can all affect the exchange rate between two currencies.