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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 Wednesday (November 4, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 04.11.2020   VALUE 04.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0299% PA            0.7201% PA
For  6 months and over but less than
    12 Months          -0.0040% PA            0.7460% PA
For 12 months           0.0824% PA            0.9574% PA
For  2 Years            0.0824% PA            1.4574% PA
For  3 Years            0.0824% PA            1.7074% PA
For  4 years            0.0824% PA            1.9574% PA
For  5 years            0.0824% PA            2.0824% PA
--------------------------------------------------------
POUND STERLING       VALUE 04.11.2020   VALUE 04.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2065% PA            0.5435% PA
For  6 months and over but less than
    12 months          -0.1895% PA            0.5605% PA
For 12 Months          -0.1280% PA            0.7470% PA
For  2 Years           -0.1280% PA            1.2470% PA
For  3 Years           -0.1280% PA            1.4970% PA
For  4 years           -0.1280% PA            1.7470% PA
For  5 years           -0.1280% PA            1.8720% PA
--------------------------------------------------------
EURO                 VALUE 04.11.2020   VALUE 04.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2853% PA            1.0353% PA
For  6 months and over but less than
    12 months           0.2759% PA            1.0259% PA
For 12 Months           0.2237% PA            1.0987% PA
For  2 Years            0.2237% PA            1.5987% PA
For  3 Years            0.2237% PA            1.8487% PA
For  4 years            0.2237% PA            2.0987% PA
For  5 years            0.2237% PA            2.2237% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 04.11.2020   VALUE 04.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1473% PA            0.6027% PA
For  6 months and over but less than
    12 months           0.1850% PA            0.5650% PA
For 12 Months           0.2070% PA            0.6680% PA
For  2 Years            0.2070% PA            1.1680% PA
For  3 Years            0.2070% PA            1.4180% PA
For  4 Years            0.2070% PA            1.6680% PA
For  5 years            0.2070% PA            1.7930% PA
========================================================

Copyright Business Recorder, 2020

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