Italian Phrase
Oggi il tasso è 1,08.
Meaning
The sentence tells the listener that the current rate—whether it’s an interest rate, exchange rate, or any other measured value—is 1.08. The use of the comma for the decimal is typical in Italian financial reporting.
When to use
Use this phrase when you are giving a quick update about a financial figure, such as the interest rate on a loan, the exchange rate of a currency, or any other percentage‑based metric that has just changed.
✦Grammar Breakdown
Oggiiltassoè1,08
Oggi (adverb)
‘Oggi’ means ‘today’ and is placed at the beginning of the sentence to set the time reference.
il (definite article)
‘il’ is the masculine singular definite article used before ‘tasso’.
tasso (noun)
‘tasso’ means ‘rate’ (e.g., interest rate, exchange rate) and is a masculine noun.
è (verb essere)
‘è’ is the third‑person singular present of ‘essere’ (to be). It links the subject with the value.
Decimal comma
Italian uses a comma, not a point, to separate decimals (1,08 = 1.08).
🗨In Conversation
Oggi il tasso è 1,08.
Today the rate is 1.08.
Davvero? È più alto di ieri.
Really? It’s higher than yesterday.
✕Common Mistakes
Oggi il tasso e 1,08.
‘e’ means ‘and’; the correct verb is ‘è’ (the third‑person singular of ‘essere’).
Oggi il tasso è 1.08.
Italian uses a comma for decimals, not a period.
↔Alternatives
Il tasso odierno è 1,08.
The rate today is 1.08.
Al momento il tasso è 1,08.
At the moment the rate is 1.08.
Attualmente il tasso è 1,08.
Currently the rate is 1.08.
Cultural Tip
In Italian news and financial reports, numbers are read with the decimal comma (e.g., ‘uno virgola zero otto’). When speaking, you’ll often hear ‘virgola’ (comma) instead of saying the digit after the comma separately. Also, keep the tone neutral; this phrase is used in both formal news bulletins and casual conversations about money.