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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 Monday (October 5, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 05.10.2020   VALUE 05.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0160% PA            0.7340% PA
For  6 months and over but less than
    12 Months           0.0005% PA            0.7505% PA
For 12 months           0.1099% PA            0.9849% PA
For  2 Years            0.1099% PA            1.4849% PA
For  3 Years            0.1099% PA            1.7349% PA
For  4 years            0.1099% PA            1.9849% PA
For  5 years            0.1099% PA            2.1099% PA
--------------------------------------------------------
POUND STERLING       VALUE 05.10.2020   VALUE 05.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1895% PA            0.5605% PA
For  6 months and over but less than
    12 months          -0.1619% PA            0.5881% PA
For 12 Months          -0.1005% PA            0.7745% PA
For  2 Years           -0.1005% PA            1.2745% PA
For  3 Years           -0.1005% PA            1.5245% PA
For  4 years           -0.1005% PA            1.7745% PA
For  5 years           -0.1005% PA            1.8995% PA
--------------------------------------------------------
EURO                 VALUE 05.10.2020   VALUE 05.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2753% PA            1.0253% PA
For  6 months and over but less than
    12 months           0.2460% PA            0.9960% PA
For 12 Months           0.1873% PA            1.0623% PA
For  2 Years            0.1873% PA            1.5623% PA
For  3 Years            0.1873% PA            1.8123% PA
For  4 years            0.1873% PA            2.0623% PA
For  5 years            0.1873% PA            2.1873% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 05.10.2020   VALUE 05.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1457% PA            0.6043% PA
For  6 months and over but less than
    12 months           0.1937% PA            0.5563% PA
For 12 Months           0.2047% PA            0.6703% PA
For  2 Years            0.2047% PA            1.1703% PA
For  3 Years            0.2047% PA            1.4203% PA
For  4 Years            0.2047% PA            1.6703% PA
For  5 years            0.2047% PA            1.7953% PA
========================================================

Copyright Business Recorder, 2020

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