When quoted on U.S. stock exchanges, one point is equal to 1.00 USD. – The point between thousands and hundreds of a number, which is still widely used in Germany, for example: 1,000 for one thousand, is regularly read worldwide as digits behind a whole number, here therefore: 1.000 and consequently understood as pips. Therefore, the statistical authorities as well as the central banks do not write a dot here, but put a gap (thus: 1,000 for one thousand). In Switzerland, an apostrophe is widely used, i.e. 1’000 for one thousand. – See base point, handle, pips, stop.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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