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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 (June 24, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24-06-2020   VALUE 24-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0551% PA            0.8051% PA
For  6 months and over but less than
    12 Months           0.1645% PA            0.9145% PA
For 12 months           0.3258% PA            1.2008% PA
For  2 Years            0.3258% PA            1.7008% PA
For  3 Years            0.3258% PA            1.9508% PA
For  4 years            0.3258% PA            2.2008% PA
For  5 years            0.3258% PA            2.3258% PA
--------------------------------------------------------
POUND STERLING       VALUE 24-06-2020   VALUE 24-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.0846% PA            0.6654% PA
For  6 months and over but less than
    12 months           0.0640% PA            0.8140% PA
For 12 Months           0.2503% PA            1.1253% PA
For  2 Years            0.2503% PA            1.6253% PA
For  3 Years            0.2503% PA            1.8753% PA
For  4 years            0.2503% PA            2.1253% PA
For  5 years            0.2503% PA            2.2503% PA
--------------------------------------------------------
EURO                 VALUE 24-06-2020   VALUE 24-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1646% PA            0.9146% PA
For  6 months and over but less than
    12 months          -0.0503% PA            0.8003% PA
For 12 Months          -0.0604% PA            0.8146% PA
For  2 Years           -0.0604% PA            1.3146% PA
For  3 Years           -0.0604% PA            1.5646% PA
For  4 years           -0.0604% PA            1.8146% PA
For  5 years           -0.0604% PA            1.9396% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24-06-2020   VALUE 24-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2025% PA            0.5475% PA
For  6 months and over but less than
    12 months           0.2412% PA            0.5088% PA
For 12 Months           0.1362% PA            0.7388% PA
For  2 Years            0.1362% PA            1.2388% PA
For  3 Years            0.1362% PA            1.4888% PA
For  4 Years            0.1362% PA            1.7388% PA
For  5 years            0.1362% PA            1.8638% PA
========================================================

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