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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 Monday (July 26, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 26.07.2021   VALUE 26.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1248% PA            0.6253% PA
For  6 months and over but less than
    12 Months           0.0928% PA            0.6573% PA
For 12 months          -0.0060% PA            0.8690% PA
For  2 Years           -0.0060% PA            1.3690% PA
For  3 Years           -0.0060% PA            1.6190% PA
For  4 years           -0.0060% PA            1.8690% PA
For  5 years           -0.0060% PA            1.9940% PA
--------------------------------------------------------
POUND STERLING       VALUE 26.07.2021   VALUE 26.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1764% PA            0.5736% PA
For  6 months and over but less than
    12 months           0.1615% PA            0.5885% PA
For 12 Months           0.0621% PA            0.8129% PA
For  2 Years            0.0621% PA            1.3129% PA
For  3 Years            0.0621% PA            1.5629% PA
For  4 years            0.0621% PA            1.8129% PA
For  5 years            0.0621% PA            1.9379% PA
--------------------------------------------------------
EURO                 VALUE 26.07.2021   VALUE 26.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3091% PA            1.0591% PA
For  6 months and over but less than
    12 months           0.2754% PA            1.0254% PA
For 12 Months           0.2389% PA            1.1139% PA
For  2 Years            0.2389% PA            1.6139% PA
For  3 Years            0.2389% PA            1.8639% PA
For  4 years            0.2389% PA            2.1139% PA
For  5 years            0.2389% PA            2.2389% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 26.07.2021   VALUE 26.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1730% PA            0.5770% PA
For  6 months and over but less than
    12 months          -0.1850% PA            0.5650% PA
For 12 Months          -0.2068% PA            0.6682% PA
For  2 Years           -0.2068% PA            1.1682% PA
For  3 Years           -0.2068% PA            1.4182% PA
For  4 Years           -0.2068% PA            1.6682% PA
For  5 years           -0.2068% PA            1.7932% PA
========================================================

Copyright Business Recorder, 2021

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