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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 Monday (October 26, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 26.10.2020   VALUE 26.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0353% PA            0.7148% PA
For  6 months and over but less than
    12 Months          -0.0040% PA            0.7460% PA
For 12 months           0.0851% PA            0.9601% PA
For  2 Years            0.0851% PA            1.4601% PA
For  3 Years            0.0851% PA            1.7101% PA
For  4 years            0.0851% PA            1.9601% PA
For  5 years            0.0851% PA            2.0851% PA
--------------------------------------------------------
POUND STERLING       VALUE 26.10.2020   VALUE 26.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2011% PA            0.5489% PA
For  6 months and over but less than
    12 months          -0.1794% PA            0.5706% PA
For 12 Months          -0.1206% PA            0.7544% PA
For  2 Years           -0.1206% PA            1.2544% PA
For  3 Years           -0.1206% PA            1.5044% PA
For  4 years           -0.1206% PA            1.7544% PA
For  5 years           -0.1206% PA            1.8794% PA
--------------------------------------------------------
EURO                 VALUE 26.10.2020   VALUE 26.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2807% PA            1.0307% PA
For  6 months and over but less than
    12 months           0.2580% PA            1.0080% PA
For 12 Months           0.2093% PA            1.0843% PA
For  2 Years            0.2093% PA            1.5843% PA
For  3 Years            0.2093% PA            1.8343% PA
For  4 years            0.2093% PA            2.0843% PA
For  5 years            0.2093% PA            2.2093% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 26.10.2020   VALUE 26.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1503% PA            0.5997% PA
For  6 months and over but less than
    12 months           0.1915% PA            0.5585% PA
For 12 Months           0.2017% PA            0.6733% PA
For  2 Years            0.2017% PA            1.1733% PA
For  3 Years            0.2017% PA            1.4233% PA
For  4 Years            0.2017% PA            1.6733% PA
For  5 years            0.2017% PA            1.7983% PA
========================================================

Copyright Business Recorder, 2020

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