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 (July 2, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 02-07-2020   VALUE 02-07-2020--------------------------------------------------------For  3 months and over but less than     6 months          0.0520% PA             1.8020% PAFor  6 months and over but less than    12 Months          0.1193% PA             1.8693% PAFor 12 months          0.2958% PA             1.1708% PAFor  2 Years           0.2958% PA             1.6708% PAFor  3 Years           0.2958% PA             2.9208% PAFor  4 years           0.2958% PA             2.1708% PAFor  5 years           0.2958% PA             2.2958% PA--------------------------------------------------------POUND STERLING       VALUE 02-07-2020   VALUE 02-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          0.1091% PA             0.6409% PAFor  6 months and over but less than    12 months          0.0444% PA             0.7944% PAFor 12 Months          0.1786% PA             0.0536% PAFor  2 Years           0.1786% PA             1.5536% PAFor  3 Years           0.1786% PA             1.8036% PAFor  4 years           0.1786% PA             2.0536% PAFor  5 years           0.1786% PA             2.1786% PA--------------------------------------------------------EURO                 VALUE 02-07-2020   VALUE 02-07-2020--------------------------------------------------------For  3 months and over but less than     6 months          0.1720% PA             0.9220% PAFor  6 months and over but less than    12 months         -0.0694% PA             0.8194% PAFor 12 Months         -0.0043% PA             0.8707% PAFor  2 Years          -0.0043% PA             1.3707% PAFor  3 Years          -0.0043% PA             1.6207% PAFor  4 years          -0.0043% PA             1.8707% PAFor  5 years          -0.0043% PA             1.9957% PA--------------------------------------------------------JAPANESE YEN         VALUE 02-07-2020   VALUE 02-07-2020--------------------------------------------------------For  3 months and over but less than     6 months          0.2028% PA             0.5472% PAFor  6 months and over but less than    12 months          0.2332% PA             0.5168% PAFor 12 Months          0.1362% PA             0.7388% PAFor  2 Years           0.1362% PA             1.2388% PAFor  3 Years           0.1362% PA             1.4888% PAFor  4 Years           0.1362% PA             1.7388% PAFor  5 years           0.1362% PA             1.8638% PA========================================================

Copyright Business Recorder, 2020