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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 Wednesday (September 30, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 30.09.2020   VALUE 30.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0296% PA            0.7204% PA
For  6 months and over but less than
    12 Months           0.0193% PA            0.7693% PA
For 12 months           0.1155% PA            0.9905% PA
For  2 Years            0.1155% PA            1.4905% PA
For  3 Years            0.1155% PA            1.7405% PA
For  4 years            0.1155% PA            1.9905% PA
For  5 years            0.1155% PA            2.1155% PA
--------------------------------------------------------
POUND STERLING       VALUE 30.09.2020   VALUE 30.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1885% PA            0.5615% PA
For  6 months and over but less than
    12 months          -0.1609% PA            0.5891% PA
For 12 Months          -0.0980% PA            0.7770% PA
For  2 Years           -0.0980% PA            1.2770% PA
For  3 Years           -0.0980% PA            1.5270% PA
For  4 years           -0.0980% PA            1.7770% PA
For  5 years           -0.0980% PA            1.9020% PA
--------------------------------------------------------
EURO                 VALUE 30.09.2020   VALUE 30.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2666% PA            1.0166% PA
For  6 months and over but less than
    12 months           0.2510% PA            1.0010% PA
For 12 Months           0.1809% PA            1.0559% PA
For  2 Years            0.1809% PA            1.5559% PA
For  3 Years            0.1809% PA            1.8059% PA
For  4 years            0.1809% PA            2.0559% PA
For  5 years            0.1809% PA            2.1809% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 30.09.2020   VALUE 30.09.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1508% PA            0.5992% PA
For  6 months and over but less than
    12 months           0.1978% PA            0.5522% PA
For 12 Months           0.2005% PA            0.6745% PA
For  2 Years            0.2005% PA            1.1745% PA
For  3 Years            0.2005% PA            1.4245% PA
For  4 Years            0.2005% PA            1.6745% PA
For  5 years            0.2005% PA            1.7995% PA
========================================================

Copyright Business Recorder, 2020

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