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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 Tuesday (October 27, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 27.10.2020   VALUE 27.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0006% PA            0.7494% PA
For  6 months and over but less than
For 12 months           0.0866% PA            0.9616% PA
For  2 Years            0.0866% PA            1.4616% PA
For  3 Years            0.0866% PA            1.7116% PA
For  4 years            0.0866% PA            1.9616% PA
For  5 years            0.0866% PA            2.0866% PA
--------------------------------------------------------
POUND STERLING       VALUE 27.10.2020   VALUE 27.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2049% PA            0.5451% PA
For  6 months and over but less than
    12 months          -0.1846% PA            0.5654% PA
For 12 Months          -0.1179% PA            0.7571% PA
For  2 Years           -0.1179% PA            1.2571% PA
For  3 Years           -0.1179% PA            1.5071% PA
For  4 years           -0.1179% PA            1.7571% PA
For  5 years           -0.1179% PA            1.8821% PA
--------------------------------------------------------
EURO                 VALUE 27.10.2020   VALUE 27.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2769% PA            1.0269% PA
For  6 months and over but less than
    12 months           0.2576% PA            1.0076% PA
For 12 Months           0.2087% PA            1.0837% PA
For  2 Years            0.2087% PA            1.5837% PA
For  3 Years            0.2087% PA            1.8337% PA
For  4 years            0.2087% PA            2.0837% PA
For  5 years            0.2087% PA            2.2087% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 27.10.2020   VALUE 27.10.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1505% PA            0.5995% PA
For  6 months and over but less than
    12 months           0.1900% PA            0.5600% PA
For 12 Months           0.2028% PA            0.6722% PA
For  2 Years            0.2028% PA            1.1722% PA
For  3 Years            0.2028% PA            1.4222% PA
For  4 Years            0.2028% PA            1.6722% PA
For  5 years            0.2028% PA            1.7972% PA
========================================================

Copyright Business Recorder, 2020

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