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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 Friday (November 20, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 20.11.2020   VALUE 20.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0263% PA            0.7238% PA
For  6 months and over but less than
    12 Months           0.0069% PA            0.7569% 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 20.11.2020   VALUE 20.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2021% PA            0.5479% PA
For  6 months and over but less than
    12 months          -0.1895% PA            0.5605% PA
For 12 Months          -0.1181% PA            0.7569% PA
For  2 Years           -0.1181% PA            1.2569% PA
For  3 Years           -0.1181% PA            1.5069% PA
For  4 years           -0.1181% PA            1.7569% PA
For  5 years           -0.1181% PA            1.8819% PA
--------------------------------------------------------
EURO                 VALUE 20.11.2020   VALUE 20.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2954% PA            1.0454% PA
For  6 months and over but less than
    12 months           0.2699% PA            1.0199% PA
For 12 Months           0.2176% PA            1.0926% PA
For  2 Years            0.2176% PA            1.5926% PA
For  3 Years            0.2176% PA            1.8426% PA
For  4 years            0.2176% PA            2.0926% PA
For  5 years            0.2176% PA            2.2176% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 20.11.2020   VALUE 20.11.2020
--------------------------------------------------------
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           0.1903% PA            0.5597% PA
For 12 Months           0.1957% PA            0.6793% PA
For  2 Years            0.1957% PA            1.1793% PA
For  3 Years            0.1957% PA            1.4293% PA
For  4 Years            0.1957% PA            1.6793% PA
For  5 years            0.1957% PA            1.8043% PA
========================================================

Copyright Business Recorder, 2020

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