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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 Friday (November 27, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 27.11.2020   VALUE 27.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0178% PA            0.7323% PA
For  6 months and over but less than
    12 Months           0.0045% PA            0.7545% 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 27.11.2020   VALUE 27.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2060% PA            0.5440% PA
For  6 months and over but less than
    12 months          -0.1868% PA            0.5633% PA
For 12 Months          -0.1143% PA            0.7608% PA
For  2 Years           -0.1143% PA            1.2608% PA
For  3 Years           -0.1143% PA            1.5108% PA
For  4 years           -0.1143% PA            1.7608% PA
For  5 years           -0.1143% PA            1.8858% PA
--------------------------------------------------------
EURO                 VALUE 27.11.2020   VALUE 27.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2943% PA            1.0443% PA
For  6 months and over but less than
    12 months           0.2663% PA            1.0163% PA
For 12 Months           0.2230% PA            1.0980% PA
For  2 Years            0.2230% PA            1.5980% PA
For  3 Years            0.2230% PA            1.8480% PA
For  4 years            0.2230% PA            2.0980% PA
For  5 years            0.2230% PA            2.2230% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 27.11.2020   VALUE 27.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1457% PA            0.6043% PA
For  6 months and over but less than
    12 months           0.1865% PA            0.5635% PA
For 12 Months           0.2000% PA            0.6750% PA
For  2 Years            0.2000% PA            1.1750% PA
For  3 Years            0.2000% PA            1.4250% PA
For  4 Years            0.2000% PA            1.6750% PA
For  5 years            0.2000% PA            1.8000% PA
========================================================

Copyright Business Recorder, 2020

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