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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 Monday (November 30, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 30.11.2020   VALUE 30.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0256% PA            0.7244% PA
For  6 months and over but less than
    12 Months           0.0050% PA            0.7550% PA
For 12 months           0.0830% PA            0.9580% PA
For  2 Years            0.0830% PA            1.4580% PA
For  3 Years            0.0830% PA            1.7080% PA
For  4 years            0.0830% PA            1.9580% PA
For  5 years            0.0830% PA            2.0830% PA
--------------------------------------------------------
POUND STERLING       VALUE 30.11.2020   VALUE 30.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2081% PA            0.5419% PA
For  6 months and over but less than
    12 months          -0.1878% PA            0.5623% PA
For 12 Months          -0.1183% PA            0.7568% PA
For  2 Years           -0.1183% PA            1.2568% PA
For  3 Years           -0.1183% PA            1.5068% PA
For  4 years           -0.1183% PA            1.7568% PA
For  5 years           -0.1183% PA            1.8818% PA
--------------------------------------------------------
EURO                 VALUE 30.11.2020   VALUE 30.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2964% PA            1.0464% PA
For  6 months and over but less than
    12 months           0.2649% PA            1.0149% PA
For 12 Months           0.2269% PA            1.1019% PA
For  2 Years            0.2269% PA            1.6019% PA
For  3 Years            0.2269% PA            1.8519% PA
For  4 years            0.2269% PA            2.1019% PA
For  5 years            0.2269% PA            2.2269% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 30.11.2020   VALUE 30.11.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1338% PA            0.6162% PA
For  6 months and over but less than
    12 months           0.1858% PA            0.5642% PA
For 12 Months           0.1990% PA            0.6760% PA
For  2 Years            0.1990% PA            1.1760% PA
For  3 Years            0.1990% PA            1.4260% PA
For  4 Years            0.1990% PA            1.6760% PA
For  5 years            0.1990% PA            1.8010% PA
========================================================

Copyright Business Recorder, 2020

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