I'm hoping penetration in the US through ADP or other avenues is strong.
Considering the current exchange rate is ~0.75, it won't be going much higher.
If anything we will be going down to low 50/60s over the next year or two IMO.
It's widely tipped rates will drop again in August.
The bottom line of Velpic with benefit greatly if they can see good headway in the US
And start earning USD.
International expansion, page-6
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