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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 Thursday (November 5, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 05.11.2020   VALUE 05.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0253% PA            0.7248% PA
For  6 months and over but less than
    12 Months          -0.0061% PA            0.7439% PA
For 12 months           0.0840% PA            0.9590% PA
For  2 Years            0.0840% PA            1.4590% PA
For  3 Years            0.0840% PA            1.7090% PA
For  4 years            0.0840% PA            1.9590% PA
For  5 years            0.0840% PA            2.0840% PA
--------------------------------------------------------
POUND STERLING       VALUE 05.11.2020   VALUE 05.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2055% PA            0.5445% PA
For  6 months and over but less than
    12 months          -0.1953% PA            0.5549% PA
For 12 Months          -0.1289% PA            0.7461% PA
For  2 Years           -0.1289% PA            1.2461% PA
For  3 Years           -0.1289% PA            1.4961% PA
For  4 years           -0.1289% PA            1.7461% PA
For  5 years           -0.1289% PA            1.8711% PA
--------------------------------------------------------
EURO                 VALUE 05.11.2020   VALUE 05.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2850% PA            1.0350% PA
For  6 months and over but less than
    12 months           0.2731% PA            1.0231% PA
For 12 Months           0.2230% PA            1.3980% PA
For  2 Years            0.2230% PA            1.5980% PA
For  3 Years            0.2230% PA            1.8480% PA
For  4 years            0.2230% PA            2.0980% PA
For  5 years            0.2230% PA            2.2230% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 05.11.2020   VALUE 05.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1473% PA            0.6027% PA
For  6 months and over but less than
    12 months           0.1852% PA            0.5648% PA
For 12 Months           0.2068% PA            0.6682% PA
For  2 Years            0.2068% PA            1.1682% PA
For  3 Years            0.2068% PA            1.4182% PA
For  4 Years            0.2068% PA            1.6682% PA
For  5 years            0.2068% PA            1.7932% PA
========================================================

Copyright Business Recorder, 2020

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