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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 (May 26, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 26.05.2021   VALUE 26.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1091% PA            0.6409% PA
For  6 months and over but less than
    12 Months           0.0734% PA            0.6766% PA
For 12 months          -0.0082% PA            0.8833% PA
For  2 Years            0.0082% PA            1.3833% PA
For  3 Years            0.0082% PA            1.6333% PA
For  4 years            0.0082% PA            1.8833% PA
For  5 years            0.0082% PA            2.0083% PA
--------------------------------------------------------
POUND STERLING       VALUE 26.05.2021   VALUE 26.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1681% PA            0.5819% PA
For  6 months and over but less than
    12 months           0.1459% PA            0.6041% PA
For 12 Months           0.0866% PA            0.7884% PA
For  2 Years            0.0866% PA            1.2884% PA
For  3 Years            0.0866% PA            1.5384% PA
For  4 years            0.0866% PA            1.7884% PA
For  5 years            0.0866% PA            1.9134% PA
--------------------------------------------------------
EURO                 VALUE 26.05.2021   VALUE 26.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2973% PA            1.0473% PA
For  6 months and over but less than
    12 months           0.2721% PA            1.0221% PA
For 12 Months           0.2364% PA            1.1114% PA
For  2 Years            0.2364% PA            1.6114% PA
For  3 Years            0.2364% PA            1.8614% PA
For  4 years            0.2364% PA            2.1114% PA
For  5 years            0.2364% PA            2.2364% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 26.05.2021   VALUE 26.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1648% PA            0.5852% PA
For  6 months and over but less than
    12 months          -0.2005% PA            0.5495% PA
For 12 Months          -0.1945% PA            0.6805% PA
For  2 Years           -0.1945% PA            1.1805% PA
For  3 Years           -0.1945% PA            1.4305% PA
For  4 Years           -0.1945% PA            1.6805% PA
For  5 years           -0.1945% PA            1.8055% PA
========================================================

Copyright Business Recorder, 2021

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