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 Wednesday (July 15, 2020).
========================================================INTEREST PAYABLE ON FE DEPOSITS======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST BY AUTHORISED DEALERS========================================================U.S. DOLLARS VALUE 15-07-2020 VALUE 15-07-2020--------------------------------------------------------For 3 months and over but less than 6 months 0.0250% PA 0.7750% PAFor 6 months and over but less than 12 Months 0.0893% PA 0.8393% PAFor 12 months 0.2313% PA 1.1063% PAFor 2 Years 0.2313% PA 1.6063% PAFor 3 Years 0.2313% PA 1.8563% PAFor 4 years 0.2313% PA 2.1063% PAFor 5 years 0.2313% PA 2.2313% PA--------------------------------------------------------POUND STERLING VALUE 15-07-2020 VALUE 15-07-2020--------------------------------------------------------For 3 months and over but less than 6 Months -0.1615% PA 0.5885% PAFor 6 months and over but less than 12 months -0.0293% PA 0.7208% PAFor 12 Months 0.1165% PA 0.9915% PAFor 2 Years 0.1165% PA 1.4915% PAFor 3 Years 0.1165% PA 1.7415% PAFor 4 years 0.1165% PA 1.9915% PAFor 5 years 0.1165% PA 2.1165% PA--------------------------------------------------------EURO VALUE 15-07-2020 VALUE 15-07-2020--------------------------------------------------------For 3 months and over but less than 6 months 0.1911% PA 0.9411% PAFor 6 months and over but less than 12 months 0.1176% PA 0.8676% PAFor 12 Months 0.0304% PA 0.9054% PAFor 2 Years 0.0304% PA 1.4054% PAFor 3 Years 0.0304% PA 1.6554% PAFor 4 years 0.0304% PA 1.9054% PAFor 5 years 0.0304% PA 2.0304% PA--------------------------------------------------------JAPANESE YEN VALUE 15-07-2020 VALUE 15-07-2020--------------------------------------------------------For 3 months and over but less than 6 months 0.2025% PA 0.5475% PAFor 6 months and over but less than 12 months 0.2243% PA 0.5257% PAFor 12 Months 0.1483% PA 0.7267% PAFor 2 Years 0.1483% PA 1.2267% PAFor 3 Years 0.1483% PA 1.4767% PAFor 4 Years 0.1483% PA 1.7267% PAFor 5 years 0.1483% PA 1.8517% PA========================================================
Copyright Business Recorder, 2020