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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 (June 8, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 08.06.2021   VALUE 08.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1218% PA             0.6283%PA
For  6 months and over but less than
    12 Months           0.0851% PA            0.6649% PA
For 12 months          -0.0040% PA            0.8710% PA
For  2 Years            0.0040% PA            1.3710% PA
For  3 Years            0.0040% PA            1.6210% PA
For  4 years            0.0040% PA            1.8710% PA
For  5 years            0.0040% PA            2.9960% PA
--------------------------------------------------------
POUND STERLING       VALUE 08.06.2021   VALUE 08.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1719% PA            0.5781% PA
For  6 months and over but less than
    12 months           0.1451% PA            0.6049% PA
For 12 Months           0.0845% PA            0.7905% PA
For  2 Years            0.0845% PA            1.2905% PA
For  3 Years            0.0845% PA            1.5405% PA
For  4 years            0.0845% PA            1.7905% PA
For  5 years            0.0845% PA            1.9155% PA
--------------------------------------------------------
EURO                 VALUE 08.06.2021   VALUE 08.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2950% PA            1.0450% PA
For  6 months and over but less than
    12 months           0.2739% PA            1.0239% PA
For 12 Months           0.2409% PA            1.1159% PA
For  2 Years            0.2409% PA            1.6159% PA
For  3 Years            0.2409% PA            1.8659% PA
For  4 years            0.2409% PA            2.1159% PA
For  5 years            0.2409% PA            2.2409% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 08.06.2021   VALUE 08.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1542% PA            0.5958% PA
For  6 months and over but less than
    12 months          -0.1913% PA            0.5587% PA
For 12 Months          -0.2000% PA            0.6750% PA
For  2 Years           -0.2000% PA            1.1750% PA
For  3 Years           -0.2000% PA            1.4250% PA
For  4 Years           -0.2000% PA            1.6750% PA
For  5 years           -0.2000% PA            1.8000% PA
========================================================

Copyright Business Recorder, 2021

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