Cryptocurrency Q&A What is 100bps interest rate?

What is 100bps interest rate?

CharmedSun CharmedSun Sun Nov 10 2024 | 5 answers 1679
I'm trying to understand what a 100bps interest rate means. Could someone explain this to me in simple terms? I want to know how it affects loans, investments, or any other financial transactions. What is 100bps interest rate?

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