Questions tagged [basis point]

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IncheonBeautyBloom IncheonBeautyBloom Mon Dec 23 2024 | 5 answers 1257

Is a pip the same as a basis point?

I am trying to understand financial terminology. I know that a pip is a unit of measurement for price movements, but I am not sure if it is the same as a basis point. Can someone clarify this for me?

Is a pip the same as a basis point?

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