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 16, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 16-07-2020   VALUE 16-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0209% PA            0.7709% PAFor  6 months and over but less than    12 Months           0.0914% PA            0.8414% PAFor 12 months           0.2310% PA            1.1060% PAFor  2 Years            0.2310% PA            1.6060% PAFor  3 Years            0.2310% PA            1.8560% PAFor  4 years            0.2310% PA            2.1060% PAFor  5 years            0.2310% PA            2.2310% PA--------------------------------------------------------POUND STERLING       VALUE 16-07-2020   VALUE 16-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1700% PA            0.5800% PAFor  6 months and over but less than    12 months          -0.0298% PA            0.7203% PAFor 12 Months           0.1178% PA            0.9928% PAFor  2 Years            0.1178% PA            1.4928% PAFor  3 Years            0.1178% PA            1.7428% PAFor  4 years            0.1178% PA            1.9928% PAFor  5 years            0.1178% PA            2.1178% PA--------------------------------------------------------EURO                 VALUE 16-07-2020   VALUE 16-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1891% PA            0.9391% PAFor  6 months and over but less than    12 months           0.1217% PA            0.8717% PAFor 12 Months           0.0269% PA            0.9019% PAFor  2 Years            0.0269% PA            1.4019% PAFor  3 Years            0.0269% PA            1.6519% PAFor  4 years            0.0269% PA            1.9019% PAFor  5 years            0.0269% PA            2.0269% PA--------------------------------------------------------JAPANESE YEN         VALUE 16-07-2020   VALUE 16-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2035% PA            0.5465% PAFor  6 months and over but less than    12 months           0.2213% PA            0.5287% PAFor 12 Months           0.1443% PA            0.7307% PAFor  2 Years            0.1443% PA            1.2307% PAFor  3 Years            0.1443% PA            1.4807% PAFor  4 Years            0.1443% PA            1.7307% PAFor  5 years            0.1443% PA            1.8557% PA========================================================

Copyright Business Recorder, 2020