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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 19, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 19.11.2020   VALUE 19.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0190% PA            0.7310% PA
For  6 months and over but less than
    12 Months           0.0080% PA            0.7580% PA
For 12 months           0.0888% PA            0.9638% PA
For  2 Years            0.0888% PA            1.4638% PA
For  3 Years            0.0888% PA            1.7138% PA
For  4 years            0.0888% PA            1.9638% PA
For  5 years            0.0888% PA            2.0888% PA
--------------------------------------------------------
POUND STERLING       VALUE 19.11.2020   VALUE 19.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2024% PA            0.5476% PA
For  6 months and over but less than
    12 months          -0.1826% PA            0.5674% PA
For 12 Months          -0.1169% PA            0.7581% PA
For  2 Years           -0.1169% PA            1.2581% PA
For  3 Years           -0.1169% PA            1.5081% PA
For  4 years           -0.1169% PA            1.7581% PA
For  5 years           -0.1169% PA            1.8831% PA
--------------------------------------------------------
EURO                 VALUE 19.11.2020   VALUE 19.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2963% PA            1.0463% PA
For  6 months and over but less than
    12 months           0.2676% PA            1.0176% PA
For 12 Months           0.2180% PA            1.0930% PA
For  2 Years            0.2180% PA            1.5930% PA
For  3 Years            0.2180% PA            1.8430% PA
For  4 years            0.2180% PA            2.0930% PA
For  5 years            0.2180% PA            2.2180% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 19.11.2020   VALUE 19.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1495% PA            0.6005% PA
For  6 months and over but less than
    12 months           0.1917% PA            0.5583% PA
For 12 Months           0.1972% PA            0.6778% PA
For  2 Years            0.1972% PA            1.1778% PA
For  3 Years            0.1972% PA            1.4278% PA
For  4 Years            0.1972% PA            1.6778% PA
For  5 years            0.1972% PA            1.8028% PA
========================================================

Copyright Business Recorder, 2020

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