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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 (August 5, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 05 08 2020   VALUE 05 08 2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0010% PA            0.7490% PA
For  6 months and over but less than
    12 Months           0.0535% PA            0.8035% PA
For 12 months           0.1968% PA            1.0718% PA
For  2 Years            0.1968% PA            1.5718% PA
For  3 Years            0.1968% PA            1.8218% PA
For  4 years            0.1968% PA            2.0718% PA
For  5 years            0.1968% PA            2.1968% PA
--------------------------------------------------------
POUND STERLING       VALUE 05 08 2020   VALUE 05 08 2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1709% PA            0.5791% PA
For  6 months and over but less than
    12 months          -0.0988% PA            0.6513% PA
For 12 Months           0.0473% PA            0.9223% PA
For  2 Years            0.0473% PA            1.4223% PA
For  3 Years            0.0473% PA            1.6723% PA
For  4 years            0.0473% PA            1.9223% PA
For  5 years            0.0473% PA            2.0473% PA
--------------------------------------------------------
EURO                 VALUE 05 08 2020   VALUE 05 08 2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2016% PA            0.9516% PA
For  6 months and over but less than
    12 months           0.1721% PA            0.9221% PA
For 12 Months           0.0696% PA            0.9446% PA
For  2 Years            0.0696% PA            1.4446% PA
For  3 Years            0.0696% PA            1.6946% PA
For  4 years            0.0696% PA            1.9446% PA
For  5 years            0.0696% PA            2.0696% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 05 08 2020   VALUE 05 08 2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1973% PA            0.5527% PA
For  6 months and over but less than
    12 months           0.2223% PA            0.5277% PA
For 12 Months           0.1442% PA            0.7308% PA
For  2 Years            0.1442% PA            1.2308% PA
For  3 Years            0.1442% PA            1.4808% PA
For  4 Years            0.1442% PA            1.7308% PA
For  5 years            0.1442% PA            1.8558% PA
========================================================

Copyright Business Recorder, 2020

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