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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 Wednesday (December 16, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 16.12.2020   VALUE 16.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0308% PA            0.7193% PA
For  6 months and over but less than
    12 Months          -0.0029% PA            0.7471% PA
For 12 months           0.0849% PA            0.9599% PA
For  2 Years            0.0849% PA            1.4599% PA

For  3 Years            0.0849% PA            1.7099% PA
For  4 years            0.0849% PA            1.9599% PA
For  5 years            0.0849% PA            2.0849% PA
--------------------------------------------------------
POUND STERLING       VALUE 16.12.2020   VALUE 16.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2094% PA            0.5406% PA
For  6 months and over but less than
    12 months          -0.2141% PA            0.5359% PA
For 12 Months          -0.1530% PA            0.7220% PA
For  2 Years           -0.1530% PA            1.2220% PA
For  3 Years           -0.1530% PA            1.4720% PA
For  4 years           -0.1530% PA            1.7220% PA
For  5 years           -0.1530% PA            1.8470% PA
--------------------------------------------------------
EURO                 VALUE 16.12.2020   VALUE 16.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3154% PA            1.0654% PA
For  6 months and over but less than
    12 months           0.2854% PA            1.0354% PA
For 12 Months           0.2481% PA            1.1231% PA
For  2 Years            0.2481% PA            1.6231% PA
For  3 Years            0.2481% PA            1.8731% PA
For  4 years            0.2481% PA            2.1231% PA
For  5 years            0.2481% PA            2.2481% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 16.12.2020   VALUE 16.12.2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1487% PA            0.6013% PA
For  6 months and over but less than
    12 months           0.1935% PA            0.5565% PA
For 12 Months           0.1965% PA            0.6785% PA
For  2 Years            0.1965% PA            1.1785% PA
For  3 Years            0.1965% PA            1.4285% PA
For  4 Years            0.1965% PA            1.6785% PA
For  5 years            0.1965% PA            1.8035% PA
========================================================

Copyright Business Recorder, 2020

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