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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 Monday (August 17, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 17.08.2020   VALUE 17.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0301% PA            0.7801% PA
For  6 months and over but less than
    12 Months           0.0884% PA            0.8384% PA
For 12 months           0.2085% PA            1.0835% PA
For  2 Years            0.2085% PA            1.5835% PA
For  3 Years            0.2085% PA            1.8335% PA
For  4 years            0.2085% PA            2.0835% PA
For  5 years            0.2085% PA            2.2085% PA
--------------------------------------------------------
POUND STERLING       VALUE 17.08.2020   VALUE 17.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1793% PA            0.5708% PA
For  6 months and over but less than
    12 months          -0.1259% PA            0.6241% PA
For 12 Months           0.0355% PA            0.9105% PA
For  2 Years            0.0355% PA            1.4105% PA
For  3 Years            0.0355% PA            1.6605% PA
For  4 years            0.0355% PA            1.9105% PA
For  5 years            0.0355% PA            2.0355% PA
--------------------------------------------------------
EURO                 VALUE 17.08.2020   VALUE 17.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2550% PA            1.0050% PA
For  6 months and over but less than
    12 months           0.2219% PA            0.9719% PA
For 12 Months           0.0980% PA            0.9730% PA
For  2 Years            0.0980% PA            1.4730% PA
For  3 Years            0.0980% PA            1.7230% PA
For  4 years            0.0980% PA            1.9730% PA
For  5 years            0.0980% PA            2.0980% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 17.08.2020   VALUE 17.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1993% PA            0.5507% PA
For  6 months and over but less than
    12 months           0.2300% PA            0.5200% PA
For 12 Months           0.1420% PA            0.7330% PA
For  2 Years            0.1420% PA            1.2330% PA
For  3 Years            0.1420% PA            1.4830% PA
For  4 Years            0.1420% PA            1.7330% PA
For  5 years            0.1420% PA            1.8580% PA
========================================================

Copyright Business Recorder, 2020

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