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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 12, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 12.11.2020   VALUE 12.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0450% PA            0.7050% PA
For  6 months and over but less than
    12 Months          -0.0083% PA            0.7418% PA
For 12 months           0.0825% PA            0.9575% PA
For  2 Years            0.0825% PA            1.4575% PA
For  3 Years            0.0825% PA            1.7075% PA
For  4 years            0.0825% PA            1.9575% PA
For  5 years            0.0825% PA            2.0825% PA
--------------------------------------------------------
POUND STERLING       VALUE 12.11.2020   VALUE 12.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2054% PA            0.5446% PA
For  6 months and over but less than
    12 months          -0.1811% PA            0.5689% PA
For 12 Months          -0.1120% PA            0.7630% PA
For  2 Years           -0.1120% PA            1.2630% PA
For  3 Years           -0.1120% PA            1.5130% PA
For  4 years           -0.1120% PA            1.7630% PA
For  5 years           -0.1120% PA            1.8880% PA
--------------------------------------------------------
EURO                 VALUE 12.11.2020   VALUE 12.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2869% PA            1.0369% PA
For  6 months and over but less than
    12 months           0.2674% PA            1.0174% PA
For 12 Months           0.2057% PA            1.0807% PA
For  2 Years            0.2057% PA            1.5807% PA
For  3 Years            0.2057% PA            1.8307% PA
For  4 years            0.2057% PA            2.0807% PA
For  5 years            0.2057% PA            2.2057% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 12.11.2020   VALUE 12.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1480% PA            0.6020% PA
For  6 months and over but less than
    12 months           0.1862% PA            0.5638% PA
For 12 Months           0.2015% PA            0.6735% PA
For  2 Years            0.2015% PA            1.1735% PA
For  3 Years            0.2015% PA            1.4235% PA
For  4 Years            0.2015% PA            1.6735% PA
For  5 years            0.2015% PA            1.7985% PA
========================================================

Copyright Business Recorder, 2020

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