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 Tuesday (July 28, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 28-07-2020   VALUE 28-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0033% PA            0.7468% PAFor  6 months and over but less than    12 Months           0.0685% PA            0.8185% PAFor 12 months           0.2095% PA            1.0845% PAFor  2 Years            0.2095% PA            1.5845% PAFor  3 Years            0.2095% PA            1.8345% PAFor  4 years            0.2095% PA            2.0845% PAFor  5 years            0.2095% PA            2.2095% PA--------------------------------------------------------POUND STERLING       VALUE 28-07-2020   VALUE 28-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1658% PA            0.5843% PAFor  6 months and over but less than    12 months          -0.0738% PA            0.6763% PAFor 12 Months           0.0653% PA            0.9403% PAFor  2 Years            0.0653% PA            1.4403% PAFor  3 Years            0.0653% PA            1.6903% PAFor  4 years            0.0653% PA            1.9403% PAFor  5 years            0.0653% PA            2.0653% PA--------------------------------------------------------EURO                 VALUE 28-07-2020   VALUE 28-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1854% PA            0.9354% PAFor  6 months and over but less than    12 months           0.1661% PA            0.9161% PAFor 12 Months           0.0560% PA            0.9310% PAFor  2 Years            0.0560% PA            1.4310% PAFor  3 Years            0.0560% PA            1.6810% PAFor  4 years            0.0560% PA            1.9310% PAFor  5 years            0.0560% PA            2.0560% PA--------------------------------------------------------JAPANESE YEN         VALUE 28-07-2020   VALUE 28-07-2020--------------------------------------------------------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           0.2205% PA            0.5295% PAFor 12 Months           0.1490% PA            0.7260% PAFor  2 Years            0.1490% PA            1.2260% PAFor  3 Years            0.1490% PA            1.4760% PAFor  4 Years            0.1490% PA            1.7260% PAFor  5 years            0.1490% PA            1.8510% PA========================================================

Copyright Business Recorder, 2020