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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 25, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 25.09.2020   VALUE 25.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0250% PA            0.7250% PA
For  6 months and over but less than
    12 Months           0.0216% PA            0.7716% PA
For 12 months           0.1218% PA            0.9968% PA
For  2 Years            0.1218% PA            1.4968% PA
For  3 Years            0.1218% PA            1.7468% PA
For  4 years            0.1218% PA            1.9968% PA
For  5 years            0.1218% PA            2.1218% PA
--------------------------------------------------------
POUND STERLING       VALUE 25.09.2020   VALUE 25.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1836% PA            0.5664% PA
For  6 months and over but less than
    12 months          -0.1561% PA            0.5939% PA
For 12 Months          -0.0881% PA            0.7899% PA
For  2 Years           -0.0881% PA            1.2869% PA
For  3 Years           -0.0881% PA            1.5369% PA
For  4 years           -0.0881% PA            1.7869% PA
For  5 years           -0.0881% PA            1.9119% PA
--------------------------------------------------------
EURO                 VALUE 25.09.2020   VALUE 25.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2684% PA            1.0184% PA
For  6 months and over but less than
    12 months           0.2476% PA            0.9976% PA
For 12 Months           0.1804% PA            1.0554% PA
For  2 Years            0.1804% PA            1.5554% PA
For  3 Years            0.1804% PA            1.8054% PA
For  4 years            0.1804% PA            2.0554% PA
For  5 years            0.1804% PA            2.1804% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 25.09.2020   VALUE 25.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1500% PA            0.6000% PA
For  6 months and over but less than
    12 months           0.1983% PA            0.5517% PA
For 12 Months           0.1943% PA            0.6807% PA
For  2 Years            0.1943% PA            1.1807% PA
For  3 Years            0.1943% PA            1.4307% PA
For  4 Years            0.1943% PA            1.7807% PA
For  5 years            0.1943% PA            1.8057% PA
========================================================

Copyright Business Recorder, 2020

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