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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 11, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 11-08-2020   VALUE 11-08-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0025% PA            0.7525% PA
For  6 months and over but less than
    12 Months           0.0591% PA            0.8094% PA
For 12 months           0.1990% PA            1.0740% PA
For  2 Years            0.1990% PA            1.5740% PA
For  3 Years            0.1990% PA            1.8240% PA
For  4 years            0.1990% PA            2.0740% PA
For  5 years            0.1990% PA            2.1990% PA
--------------------------------------------------------
POUND STERLING       VALUE 11-08-2020   VALUE 11-08-2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1774% PA            0.5726% PA
For  6 months and over but less than
    12 months          -0.1260% PA            0.6240% PA
For 12 Months           0.0366% PA            0.9116% PA
For  2 Years            0.0366% PA            1.4116% PA
For  3 Years            0.0366% PA            1.6616% PA
For  4 years            0.0366% PA            1.9116% PA
For  5 years            0.0366% PA            2.0366% PA
--------------------------------------------------------
EURO                 VALUE 11-08-2020   VALUE 11-08-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2209% PA            0.9709% PA
For  6 months and over but less than
    12 months           0.2070% PA            0.9570% PA
For 12 Months           0.0996% PA            0.9746% PA
For  2 Years            0.0996% PA            1.4746% PA
For  3 Years            0.0996% PA            1.7246% PA
For  4 years            0.0996% PA            1.9746% PA
For  5 years            0.0996% PA            2.0996% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 11-08-2020   VALUE 11-08-2020
--------------------------------------------------------
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           0.2193% PA            0.5307% PA
For 12 Months           0.1467% PA            0.7283% PA
For  2 Years            0.1467% PA            1.2283% PA
For  3 Years            0.1467% PA            1.4783% PA
For  4 Years            0.1467% PA            1.7283% PA
For  5 years            0.1467% PA            1.8533% PA
========================================================

Copyright Business Recorder, 2020

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