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 Friday (July 17, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 17-07-2020   VALUE 17-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0229% PA            0.7729% PAFor  6 months and over but less than    12 Months           0.0846% PA            0.8346% PAFor 12 months           0.2269% PA            1.1019% PAFor  2 Years            0.2269% PA            1.6019% PAFor  3 Years            0.2269% PA            1.8519% PAFor  4 years            0.2269% PA            2.1019% PAFor  5 years            0.2269% PA            2.2269% PA--------------------------------------------------------POUND STERLING       VALUE 17-07-2020   VALUE 17-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1676% PA            0.5824% PAFor  6 months and over but less than    12 months          -0.0420% PA            0.7080% PAFor 12 Months           0.1003% PA            0.9753% PAFor  2 Years            0.1003% PA            1.4753% PAFor  3 Years            0.1003% PA            1.7253% PAFor  4 years            0.1003% PA            1.9753% PAFor  5 years            0.1003% PA            2.1003% PA--------------------------------------------------------EURO                 VALUE 17-07-2020   VALUE 17-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2047% PA            0.9547% PAFor  6 months and over but less than    12 months           0.1424% PA            0.8924% PAFor 12 Months           0.0410% PA            0.9160% PAFor  2 Years            0.0410% PA            1.4160% PAFor  3 Years            0.0410% PA            1.6660% PAFor  4 years            0.0410% PA            1.9160% PAFor  5 years            0.0410% PA            2.0410% PA--------------------------------------------------------JAPANESE YEN         VALUE 17-07-2020   VALUE 17-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2047% PA            0.5453% PAFor  6 months and over but less than    12 months           0.2175% PA            0.5325% PAFor 12 Months           0.1475% PA            0.7275% PAFor  2 Years            0.1475% PA            1.2275% PAFor  3 Years            0.1475% PA            1.4775% PAFor  4 Years            0.1475% PA            1.7275% PAFor  5 years            0.1475% PA            1.8525% PA========================================================

Copyright Business Recorder, 2020