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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 Thursday (October 21, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 21.10.2021   VALUE 21.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1205% PA            0.6295% PA
For  6 months and over but less than
    12 Months          -0.0825% PA            0.6675% PA
For 12 months           0.0421% PA            0.9171% PA
For  2 Years            0.0421% PA            1.4171% PA
For  3 Years            0.0421% PA            1.6671% PA
For  4 years            0.0421% PA            1.9171% PA
For  5 years            0.0421% PA            2.0421% PA
--------------------------------------------------------
POUND STERLING       VALUE 21.10.2021   VALUE 21.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.0341% PA            0.7159% PA
For  6 months and over but less than
    12 months           0.1693% PA            0.9193% PA
For 12 Months           0.4780% PA            1.3530% PA
For  2 Years            0.4780% PA            1.8530% PA
For  3 Years            0.4780% PA            2.1030% PA
For  4 years            0.4780% PA            2.3530% PA
For  5 years            0.4780% PA            2.4780% PA
--------------------------------------------------------
EURO                 VALUE 21.10.2021   VALUE 21.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3200% PA            1.0700% PA
For  6 months and over but less than
    12 months           0.2846% PA            1.0346% PA
For 12 Months           0.2316% PA            1.1066% PA
For  2 Years            0.2316% PA            1.6066% PA
For  3 Years            0.2316% PA            1.8566% PA
For  4 years            0.2316% PA            2.1066% PA
For  5 years            0.2316% PA            2.2316% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 21.10.2021   VALUE 21.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1668% PA            0.5832% PA
For  6 months and over but less than
    12 months           0.1860% PA            0.5640% PA
For 12 Months           0.1895% PA            0.6855% PA
For  2 Years            0.1895% PA            1.1855% PA
For  3 Years            0.1895% PA            1.4355% PA
For  4 Years            0.1895% PA            1.6855% PA
For  5 years            0.1895% PA            1.8105% PA
========================================================

Copyright Business Recorder, 2021

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