Thakur says the company has witnessed an expansion in margins every quarter and is confident of reaching an exit margin of 17.5 percent by the end of current fiscal.
Pound-dollar at 1.20 was the base case for the year-end after the Brexit vote and it is likely that it will go to those levels, said Simon Smith, Director & Chief Economist, Fxpro.
The world's first Bitcoin ATM, in Canada's Vancouver, opened to media frenzy on October 29. But this is not the first alternative currency to have attracted so much attention.
The rupee traded in the range of 45.00-45.50 against the US dollar in the fortnight gone by. There was considerable debt-related inflow, which lent good support to the rupee towards the end of the fortnight.