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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 Tuesday (August 4, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 04-08-2020   VALUE 04-08-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0013% PA            0.7488% PA
For  6 months and over but less than
    12 Months           0.0561% PA            0.8061% PA
For 12 months           0.1986% PA            1.0736% PA
For  2 Years            0.1986% PA            1.5736% PA
For  3 Years            0.1986% PA            1.8236% PA
For  4 years            0.1986% PA            2.0736% PA
For  5 years            0.1986% PA            2.1986% PA
--------------------------------------------------------
POUND STERLING       VALUE 04-08-2020   VALUE 04-08-2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1656% PA            0.5844% PA
For  6 months and over but less than
    12 months          -0.0894% PA            0.6606% PA
For 12 Months           0.0619% PA            0.9369% PA
For  2 Years            0.0619% PA            1.4369% PA
For  3 Years            0.0619% PA            1.6869% PA
For  4 years            0.0619% PA            1.9369% PA
For  5 years            0.0619% PA            2.0619% PA
--------------------------------------------------------
EURO                 VALUE 04-08-2020   VALUE 04-08-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1947% PA            0.9447% PA
For  6 months and over but less than
    12 months           0.1933% PA            0.9433% PA
For 12 Months           0.0803% PA            0.9553% PA
For  2 Years            0.0803% PA            1.4553% PA
For  3 Years            0.0803% PA            1.7053% PA
For  4 years            0.0803% PA            1.9553% PA
For  5 years            0.0803% PA            2.0803% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 04-08-2020   VALUE 04-08-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1948% PA            0.5552% PA
For  6 months and over but less than
    12 months           0.2202% PA            0.5298% PA
For 12 Months           0.1452% PA            0.7298% PA
For  2 Years            0.1452% PA            1.2298% PA
For  3 Years            0.1452% PA            1.4798% PA
For  4 Years            0.1452% PA            1.7298% PA
For  5 years            0.1452% PA            1.8548% PA
========================================================

Copyright Business Recorder, 2020

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