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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 (September 22, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 22.09.2020   VALUE 22.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0246% PA            0.7254% PA
For  6 months and over but less than
    12 Months           0.0253% PA            0.7753% PA
For 12 months           0.1239% PA            0.9989% PA
For  2 Years            0.1239% PA            1.4989% PA
For  3 Years            0.1239% PA            1.7489% PA
For  4 years            0.1239% PA            1.9989% PA
For  5 years            0.1239% PA            2.1239% PA
--------------------------------------------------------
POUND STERLING       VALUE 22.09.2020   VALUE 22.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1980% PA            0.5520% PA
For  6 months and over but less than
    12 months          -0.1686% PA            0.5814% PA
For 12 Months          -0.1081% PA            0.7669% PA
For  2 Years           -0.1081% PA            1.2669% PA
For  3 Years           -0.1081% PA            1.5169% PA
For  4 years           -0.1081% PA            1.7669% PA
For  5 years           -0.1081% PA            1.8919% PA
--------------------------------------------------------
EURO                 VALUE 22.09.2020   VALUE 22.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2719% PA            1.0219% PA
For  6 months and over but less than
    12 months           0.2471% PA            0.9971% PA
For 12 Months           0.1821% PA            1.0571% PA
For  2 Years            0.1821% PA            1.5571% PA
For  3 Years            0.1821% PA            1.8071% PA
For  4 years            0.1821% PA            2.0571% PA
For  5 years            0.1821% PA            2.1821% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 22.09.2020   VALUE 22.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1522% PA            0.5978% PA
For  6 months and over but less than
    12 months           0.2142% PA            0.5358% PA
For 12 Months           0.1645% PA            0.7105% PA
For  2 Years            0.1645% PA            1.2105% PA
For  3 Years            0.1645% PA            1.4605% PA
For  4 Years            0.1645% PA            1.7105% PA
For  5 years            0.1645% PA            1.8355% PA
========================================================

Copyright Business Recorder, 2020

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