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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 19, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 19.10.2020   VALUE 19.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0323% PA            0.7178% PA
For  6 months and over but less than
    12 Months          -0.0032% PA            0.7533% PA
For 12 months           0.0978% PA            0.9728% PA
For  2 Years            0.0978% PA            1.4728% PA
For  3 Years            0.0978% PA            1.7228% PA
For  4 years            0.0978% PA            1.9728% PA
For  5 years            0.0978% PA            2.0978% PA
--------------------------------------------------------
POUND STERLING       VALUE 19.10.2020   VALUE 19.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2043% PA            0.5458% PA
For  6 months and over but less than
    12 months          -0.1728% PA            0.5773% PA
For 12 Months          -0.1203% PA            0.7548% PA
For  2 Years           -0.1203% PA            1.2548% PA
For  3 Years           -0.1203% PA            1.5048% PA
For  4 years           -0.1203% PA            1.7548% PA
For  5 years           -0.1203% PA            1.8798% PA
--------------------------------------------------------
EURO                 VALUE 19.10.2020   VALUE 19.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2823% PA            1.0323% PA
For  6 months and over but less than
    12 months           0.2613% PA            0.0113% PA
For 12 Months           0.2111% PA            1.0861% PA
For  2 Years            0.2111% PA            1.5861% PA
For  3 Years            0.2111% PA            1.8361% PA
For  4 years            0.2111% PA            2.0861% PA
For  5 years            0.2111% PA            2.2111% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 19.10.2020   VALUE 19.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1485% PA            0.6015% PA
For  6 months and over but less than
    12 months           0.1485% PA            0.5628% PA
For 12 Months           0.2072% PA            0.6678% PA
For  2 Years            0.2072% PA            1.1678% PA
For  3 Years            0.2072% PA            1.4178% PA
For  4 Years            0.2072% PA            1.6678% PA
For  5 years            0.2072% PA            1.7928% PA
========================================================

Copyright Business Recorder, 2020

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