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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 (November 24, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24.11.2020   VALUE 24.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0451% PA            0.7049% PA
For  6 months and over but less than
    12 Months           0.0013% PA            0.7488% PA
For 12 months           0.0865% PA            0.9615% PA
For  2 Years            0.0865% PA            1.4615% PA
For  3 Years            0.0865% PA            1.7115% PA
For  4 years            0.0865% PA            1.9615% PA
For  5 years            0.0865% PA            2.0865% PA
--------------------------------------------------------
POUND STERLING       VALUE 24.11.2020   VALUE 24.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1990% PA            0.5510% PA
For  6 months and over but less than
    12 months          -0.1889% PA            0.5611% PA
For 12 Months          -0.1155% PA            0.7595% PA
For  2 Years           -0.1155% PA            1.2595% PA
For  3 Years           -0.1155% PA            1.5095% PA
For  4 years           -0.1155% PA            1.7595% PA
For  5 years           -0.1155% PA            1.8845% PA
--------------------------------------------------------
EURO                 VALUE 24.11.2020   VALUE 24.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2939% PA            1.0439% PA
For  6 months and over but less than
    12 months           0.2689% PA            1.0189% PA
For 12 Months           0.2189% PA            1.0939% PA
For  2 Years            0.2189% PA            1.5939% PA
For  3 Years            0.2189% PA            1.8439% PA
For  4 years            0.2189% PA            2.0939% PA
For  5 years            0.2189% PA            2.2189% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24.11.2020   VALUE 24.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1482% PA            0.6018% PA
For  6 months and over but less than
    12 months           0.1907% PA            0.5593% PA
For 12 Months           0.1937% PA            0.6813% PA
For  2 Years            0.1937% PA            1.1813% PA
For  3 Years            0.1937% PA            1.4313% PA
For  4 Years            0.1937% PA            1.6813% PA
For  5 years            0.1937% PA            1.8063% PA
========================================================

Copyright Business Recorder, 2020

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