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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 (September 24, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24.09.2020   VALUE 24.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0275% PA            0.7225% PA
For  6 months and over but less than
    12 Months           0.0248% PA            0.7748% PA
For 12 months           0.1265% PA            1.0015% PA
For  2 Years            0.1265% PA            1.5015% PA
For  3 Years            0.1265% PA            1.7515% PA
For  4 years            0.1265% PA            2.0015% PA
For  5 years            0.1265% PA            2.1265% PA
--------------------------------------------------------
POUND STERLING       VALUE 24.09.2020   VALUE 24.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1845% PA            0.5655% PA
For  6 months and over but less than
    12 months          -0.1601% PA            0.5899% PA
For 12 Months          -0.0849% PA            0.7901% PA
For  2 Years           -0.0849% PA            1.2901% PA
For  3 Years           -0.0849% PA            1.5401% PA
For  4 years           -0.0849% PA            1.7901% PA
For  5 years           -0.0849% PA            1.9151% PA
--------------------------------------------------------
EURO                 VALUE 24.09.2020   VALUE 24.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2691% PA            1.0191% PA
For  6 months and over but less than
    12 months           0.2457% PA            0.9957% PA
For 12 Months           0.1820% PA            1.0570% PA
For  2 Years            0.1820% PA            1.5570% PA
For  3 Years            0.1820% PA            1.8070% PA
For  4 years            0.1820% PA            2.0570% PA
For  5 years            0.1820% PA            2.1820% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24.09.2020   VALUE 24.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1505% PA            0.5995% PA
For  6 months and over but less than
    12 months           0.2108% PA            0.5392% PA
For 12 Months           0.1635% PA            0.7115% PA
For  2 Years            0.1635% PA            1.2115% PA
For  3 Years            0.1635% PA            1.4615% PA
For  4 Years            0.1635% PA            1.7115% PA
For  5 years            0.1635% PA            1.8365% PA
========================================================

Copyright Business Recorder, 2020

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