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KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Committee, c/o ANZ Grindlays Bank Ltd, on Thursday (August 6, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 07.08.2020   VALUE 07.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0080% PA            0.7420% PA
For  6 months and over but less than
    12 Months           0.0484% PA            0.7984% PA
For 12 months           0.1935% PA            1.0685% PA
For  2 Years            0.1935% PA            1.5685% PA
For  3 Years            0.1935% PA            1.8185% PA
For  4 years            0.1935% PA            2.0685% PA
For  5 years            0.1935% PA            2.1935% PA
--------------------------------------------------------
POUND STERLING       VALUE 07.08.2020   VALUE 07.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1784% PA            0.5716% PA
For  6 months and over but less than
    12 months          -0.1064% PA            0.6436% PA
For 12 Months           0.0431% PA            0.9181% PA
For  2 Years            0.0431% PA            1.4181% PA
For  3 Years            0.0431% PA            1.6681% PA
For  4 years            0.0431% PA            1.9181% PA
For  5 years            0.0431% PA            2.0431% PA
--------------------------------------------------------
EURO                 VALUE 07.08.2020   VALUE 07.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2194% PA            0.9694% PA
For  6 months and over but less than
    12 months           0.2041% PA            0.9541% PA
For 12 Months           0.0976% PA            0.9726% PA
For  2 Years            0.0976% PA            1.4726% PA
For  3 Years            0.0976% PA            1.7226% PA
For  4 years            0.0976% PA            1.9726% PA
For  5 years            0.0976% PA            2.0976% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 07.08.2020   VALUE 07.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1955% PA            0.5545% PA
For  6 months and over but less than
    12 months           0.2205% PA            0.5295% PA
For 12 Months           0.1467% PA            0.7283% PA
For  2 Years            0.1467% PA            1.2283% PA
For  3 Years            0.1467% PA            1.4783% PA
For  4 Years            0.1467% PA            1.7283% PA
For  5 years            0.1467% PA            1.8533% PA
========================================================

Copyright Business Recorder, 2020

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