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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 (March 24, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24.03.2021   VALUE 24.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0531% PA            0.6969% PA
For  6 months and over but less than
    12 Months          -0.0476% PA            0.7024% PA
For 12 months           0.0263% PA            0.9013% PA
For  2 Years            0.0263% PA            1.4013% PA
For  3 Years            0.0263% PA            1.6513% PA
For  4 years            0.0263% PA            1.9013% PA
For  5 years            0.0263% PA            2.0263% PA
--------------------------------------------------------
POUND STERLING       VALUE 24.03.2021   VALUE 24.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1688% PA            1.5813% PA
For  6 months and over but less than
    12 months          -0.1460% PA            1.6040% PA
For 12 Months          -0.0883% PA            1.7868% PA
For  2 Years           -0.0883% PA            1.2868% PA
For  3 Years           -0.0883% PA            1.5368% PA
For  4 years           -0.0883% PA            2.7868% PA
For  5 years           -0.0883% PA            2.9118% PA
--------------------------------------------------------
EURO                 VALUE 24.03.2021   VALUE 24.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3007% PA            1.0507% PA
For  6 months and over but less than
    12 months           0.2950% PA            1.0450% PA
For 12 Months           0.2723% PA            1.1473% PA
For  2 Years            0.2723% PA            1.6473% PA
For  3 Years            0.2723% PA            1.8973% PA
For  4 years            0.2723% PA            2.1473% PA
For  5 years            0.2723% PA            2.2723% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24.03.2021   VALUE 24.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1735% PA            0.5765% PA
For  6 months and over but less than
    12 months           0.2008% PA            0.5492% PA
For 12 Months          -0.2013% PA            0.6737% PA
For  2 Years           -0.2013% PA            1.1737% PA
For  3 Years           -0.2013% PA            1.4237% PA
For  4 Years           -0.2013% PA            1.6737% PA
For  5 years           -0.2013% PA            1.7987% PA
========================================================

Copyright Business Recorder, 2021

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