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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 Thursday (August 20, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 20.08.2020   VALUE 20.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0030% PA            0.7530% PA
For  6 months and over but less than
    12 Months           0.0653% PA            0.8153% PA
For 12 months           0.1971% PA            1.0721% PA
For  2 Years            0.1971% PA            1.5721% PA
For  3 Years            0.1971% PA            1.8221% PA
For  4 years            0.1971% PA            2.0721% PA
For  5 years            0.1971% PA            2.1971% PA
--------------------------------------------------------
POUND STERLING       VALUE 20.08.2020   VALUE 20.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1753% PA            0.5748% PA
For  6 months and over but less than
    12 months          -0.1255% PA            0.6245% PA
For 12 Months           0.0106% PA            0.8856% PA
For  2 Years            0.0106% PA            1.3856% PA
For  3 Years            0.0106% PA            1.6356% PA
For  4 years            0.0106% PA            1.8856% PA
For  5 years            0.0106% PA            2.0106% PA
--------------------------------------------------------
EURO                 VALUE 20.08.2020   VALUE 20.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2631% PA            1.0131% PA
For  6 months and over but less than
    12 months           0.2203% PA            0.9703% PA
For 12 Months           0.1017% PA            0.9767% PA
For  2 Years            0.1017% PA            1.4767% PA
For  3 Years            0.1017% PA            1.7267% PA
For  4 years            0.1017% PA            1.9767% PA
For  5 years            0.1017% PA            2.1017% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 20.08.2020   VALUE 20.08.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1970% PA            0.5530% PA
For  6 months and over but less than
    12 months           0.2060% PA            0.5440% PA
For 12 Months           0.1445% PA            0.7305% PA
For  2 Years            0.1445% PA            1.2305% PA
For  3 Years            0.1445% PA            1.4805% PA
For  4 Years            0.1445% PA            1.7305% PA
For  5 years            0.1445% PA            1.8555% PA
========================================================

Copyright Business Recorder, 2020

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