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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 25, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 25.11.2020   VALUE 25.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0435% PA            0.7065% PA
For  6 months and over but less than
    12 Months           0.0037% PA            0.7538% PA
For 12 months           0.0856% PA            0.9606% PA
For  2 Years            0.0856% PA            1.4606% PA

For  3 Years            0.0856% PA            1.7106% PA
For  4 years            0.0856% PA            1.9606% PA
For  5 years            0.0856% PA            2.0856% PA
--------------------------------------------------------
POUND STERLING       VALUE 25.11.2020   VALUE 25.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2041% PA            0.5459% PA
For  6 months and over but less than
    12 months          -0.1861% PA            0.5639% PA
For 12 Months          -0.1151% PA            0.7599% PA
For  2 Years           -0.1151% PA            1.2599% PA
For  3 Years           -0.1151% PA            1.5099% PA
For  4 years           -0.1151% PA            1.7599% PA
For  5 years           -0.1151% PA            1.8849% PA
--------------------------------------------------------
EURO                 VALUE 25.11.2020   VALUE 25.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2927% PA            1.0427% PA
For  6 months and over but less than
    12 months           0.2701% PA            1.0201% PA
For 12 Months           0.2199% PA            1.0949% PA
For  2 Years            0.2199% PA            1.5949% PA
For  3 Years            0.2199% PA            1.8449% PA
For  4 years            0.2199% PA            2.0949% PA
For  5 years            0.2199% PA            2.2199% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 25.11.2020   VALUE 25.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1478% PA            0.6022% PA
For  6 months and over but less than
    12 months           0.1882% PA            0.5618% PA
For 12 Months           0.2008% PA            0.6742% PA
For  2 Years            0.2008% PA            1.1742% PA
For  3 Years            0.2008% PA            1.4242% PA
For  4 Years            0.2008% PA            1.6742% PA
For  5 years            0.2008% PA            1.7992% PA
========================================================

Copyright Business Recorder, 2020

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