For example, when the Federal Reserve announced that it would raise interest rates by 25 basis points, it was equivalent to raising interest rates by 0.25 percentage points.
In Chinese in Hong Kong, it is customary not to add the word "ge" between numerical value and "concept" (that is, three concepts are usually said instead of three concepts). Percentage points must be added with "a" (only 0.03 percentage points can be said). An idea can also be called a basic point.
Extended data:
How many digits should be used after the decimal point of the foreign exchange quotation can be determined at will, such as:
1 = 0.8450 USD
65438 USD +0 = 65438 RMB +022.50 USD.
One dollar = $0.5420
In specific exchange rate pricing, the last digit after the decimal point is usually called a dot or dot.
Are you online? In the exchange rate quotations of 1 = 0.8450 USD and 1 = 0.5420 USD, one basis point refers to 0.000 1 USD or1/00 cents. In the exchange rate quotation of 1 = 122.50 USD, one basis point refers to ￥0.0 1 1 00 or1yen.
It should be noted that the basis points are not equivalent. In the above example, US$0.000 1≠￥0.0 1.
Because USD 1 = 122.50, USD 0.0001=122.50/10000 = y0.01225. In other words, the value of USD 1 basis point is much greater than that of JPY 1 basis point.
Baidu encyclopedia-base point