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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 Friday (September 4, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 04.09.2020   VALUE 04.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0012% PA            0.7513% PA
For  6 months and over but less than
    12 Months           0.0378% PA            0.7878% PA
For 12 months           0.1750% PA            1.0500% PA
For  2 Years            0.1750% PA            1.5500% PA
For  3 Years            0.1750% PA            1.8000% PA
For  4 years            0.1750% PA            2.0500% PA
For  5 years            0.1750% PA            2.1750% PA
--------------------------------------------------------
POUND STERLING       VALUE 04.09.2020   VALUE 04.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1878% PA            0.5623% PA
For  6 months and over but less than
    12 months          -0.1256% PA            0.6244% PA
For 12 Months          -0.0239% PA            0.8511% PA
For  2 Years           -0.0239% PA            1.3511% PA
For  3 Years           -0.0239% PA            1.6011% PA
For  4 years           -0.0239% PA            1.8511% PA
For  5 years           -0.0239% PA            1.9761% PA
--------------------------------------------------------
EURO                 VALUE 04.09.2020   VALUE 04.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2546% PA            1.0046% PA
For  6 months and over but less than
    12 months           0.2236% PA            0.9736% PA
For 12 Months           0.1331% PA            1.0081% PA
For  2 Years            0.1331% PA            1.5081% PA
For  3 Years            0.1331% PA            1.7581% PA
For  4 years            0.1331% PA            2.0081% PA
For  5 years            0.1331% PA            2.1331% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 04.09.2020   VALUE 04.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1907% PA            0.5593% PA
For  6 months and over but less than
    12 months           0.2040% PA            0.5460% PA
For 12 Months           0.1562% PA            0.7188% PA
For  2 Years            0.1562% PA            1.2188% PA
For  3 Years            0.1562% PA            1.4688% PA
For  4 Years            0.1562% PA            1.7188% PA
For  5 years            0.1562% PA            1.8438% PA
========================================================

Copyright Business Recorder, 2020

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