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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 (October 9, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 09.10.2020   VALUE 09.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0205% PA            0.7295% PA
For  6 months and over but less than
    12 Months          -0.0001% PA            0.7501% PA
For 12 months           0.0979% PA            0.9729% PA
For  2 Years            0.0979% PA            1.4729% PA
For  3 Years            0.0979% PA            1.7229% PA
For  4 years            0.0979% PA            1.9729% PA
For  5 years            0.0979% PA            2.0979% PA
--------------------------------------------------------
POUND STERLING       VALUE 09.10.2020   VALUE 09.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1865% PA            0.5635% PA
For  6 months and over but less than
    12 months          -0.1750% PA            0.5750% 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 09.10.2020   VALUE 09.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2706% PA            1.0206% PA
For  6 months and over but less than
    12 months           0.2463% PA            0.9963% PA
For 12 Months           0.1909% PA            1.0659% PA
For  2 Years            0.1909% PA            1.5659% PA
For  3 Years            0.1909% PA            1.8159% PA
For  4 years            0.1909% PA            2.0659% PA
For  5 years            0.1909% PA            2.1909% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 09.10.2020   VALUE 09.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1512% PA            0.5988% PA
For  6 months and over but less than
    12 months           0.1987% PA            0.5513% PA
For 12 Months           0.2012% PA            0.6738% PA
For  2 Years            0.2012% PA            1.1738% PA
For  3 Years            0.2012% PA            1.4238% PA
For  4 Years            0.2012% PA            1.6738% PA
For  5 years            0.2012% PA            1.7988% PA
========================================================

Copyright Business Recorder, 2020

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