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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 (December 11, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 11.12.2020   VALUE 11.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0294% PA            0.7206% PA
For  6 months and over but less than
    12 Months           0.0007% PA            0.7508% PA
For 12 months           0.0859% PA            0.9609% PA
For  2 Years            0.0859% PA            1.4609% PA
For  3 Years            0.0859% PA            1.7109% PA
For  4 years            0.0859% PA            1.9609% PA
For  5 years            0.0859% PA            2.0859% PA
--------------------------------------------------------
POUND STERLING       VALUE 11.12.2020   VALUE 11.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2131% PA            0.5369% PA
For  6 months and over but less than
    12 months          -0.2105% PA            0.5395% PA
For 12 Months          -0.1378% PA            0.7373% PA
For  2 Years           -0.1378% PA            1.2373% PA
For  3 Years           -0.1378% PA            1.4873% PA
For  4 years           -0.1378% PA            1.7373% PA
For  5 years           -0.1378% PA            1.8623% PA
--------------------------------------------------------
EURO                 VALUE 11.12.2020   VALUE 11.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3186% PA            1.0686% PA
For  6 months and over but less than
    12 months           0.2837% PA            1.0337% PA
For 12 Months           0.2470% PA            1.1220% PA
For  2 Years            0.2470% PA            1.6220% PA
For  3 Years            0.2470% PA            1.8720% PA
For  4 years            0.2470% PA            2.1220% PA
For  5 years            0.2470% PA            2.2470% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 11.12.2020   VALUE 11.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1460% PA            0.6040% PA
For  6 months and over but less than
    12 months           0.1883% PA            0.5617% 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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