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 (June 29, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 29-06-2020   VALUE 29-06-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0560% PA            0.8060% PAFor  6 months and over but less than    12 Months           0.1146% PA            0.8646% PAFor 12 months           0.3204% PA            1.1954% PAFor  2 Years            0.3204% PA            1.6954% PAFor  3 Years            0.3204% PA            1.9454% PAFor  4 years            0.3204% PA            2.1954% PAFor  5 years            0.3204% PA            2.3204% PA--------------------------------------------------------POUND STERLING       VALUE 29-06-2020   VALUE 29-06-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1130% PA            0.6370% PAFor  6 months and over but less than    12 months           0.0483% PA            0.7983% PAFor 12 Months           0.2210% PA            1.0960% PAFor  2 Years            0.2210% PA            1.5960% PAFor  3 Years            0.2210% PA            1.8460% PAFor  4 years            0.2210% PA            2.0960% PAFor  5 years            0.2210% PA            2.2210% PA--------------------------------------------------------EURO                 VALUE 29-06-2020   VALUE 29-06-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1357% PA            0.8857% PAFor  6 months and over but less than    12 months           0.0776% PA            0.8276% PAFor 12 Months          -0.0441% PA            0.8309% PAFor  2 Years           -0.0441% PA            1.3309% PAFor  3 Years           -0.0441% PA            1.5809% PAFor  4 years           -0.0441% PA            1.8309% PAFor  5 years           -0.0441% PA            1.9559% PA--------------------------------------------------------JAPANESE YEN         VALUE 29-06-2020   VALUE 29-06-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2052% PA            0.5448% PAFor  6 months and over but less than    12 months           0.2385% PA            0.5115% PAFor 12 Months           0.1345% PA            0.7405% PAFor  2 Years            0.1345% PA            1.2405% PAFor  3 Years            0.1345% PA            1.4905% PAFor  4 Years            0.1345% PA            1.7405% PAFor  5 years            0.1345% PA            1.8655% PA========================================================

Copyright Business Recorder, 2020