A measurement equal to one hundredth of one percent. E.g. 50 basis points = half a percent. For
example, if interest rates are at 4% and the reserve bank increases them by 25 basis points, the new
interest rate is 4.25%.
A measurement equal to one hundredth of one percent. E.g. 50 basis points = half a percent. For
example, if interest rates are at 4% and the reserve bank increases them by 25 basis points, the new
interest rate is 4.25%.