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Definition | : | Percentage in point |
Category | : | Business » Finance |
Country/ Region |
: | Worldwide
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Popularity | : |
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Type | : |
Acronym
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Percentage in point (Pip) or Price Interest Point (PIP) is a unit of change in an exchange rate of a currency pair.
For most pairs, one Pip is equivalent to 1/100th of a percent.
The full form of Pip is Percentage in point
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