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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 (January 05, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 05.01.2021   VALUE 05.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0116% PA            0.7384% PA
For  6 months and over but less than
    12 Months           0.0076% PA            0.7576% PA
For 12 months           0.0919% PA            0.9669% PA
For  2 Years            0.0919% PA            1.4669% PA
For  3 Years            0.0919% PA            1.7169% PA
For  4 years            0.0919% PA            1.9669% PA
For  5 years            0.0919% PA            2.0919% PA
--------------------------------------------------------
POUND STERLING       VALUE 05.01.2021   VALUE 05.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2245% PA            0.5255% PA
For  6 months and over but less than
    12 months          -0.2201% PA            0.5299% PA
For 12 Months          -0.1658% PA            0.7093% PA
For  2 Years           -0.1658% PA            1.2093% PA
For  3 Years           -0.1658% PA            1.4593% PA
For  4 years           -0.1658% PA            1.7093% PA
For  5 years           -0.1658% PA            1.8343% PA
--------------------------------------------------------
EURO                 VALUE 05.01.2021   VALUE 05.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3163% PA            1.0663% PA
For  6 months and over but less than
    12 months           0.2830% PA            1.0330% PA
For 12 Months           0.2399% PA            1.1149% PA
For  2 Years            0.2399% PA            1.6149% PA
For  3 Years            0.2399% PA            1.8649% PA
For  4 years            0.2399% PA            2.1149% PA
For  5 years            0.2399% PA            2.2399% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 05.01.2021   VALUE 05.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1675% PA            0.5825% PA
For  6 months and over but less than
    12 months           0.1920% PA            0.5580% PA
For 12 Months           0.1953% PA            0.6797% PA
For  2 Years            0.1953% PA            1.1797% PA
For  3 Years            0.1953% PA            1.4297% PA
For  4 Years            0.1953% PA            1.6797% PA
For  5 years            0.1953% PA            1.8047% PA
========================================================

Copyright Business Recorder, 2021

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