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 29, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 29-07-2020   VALUE 29-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0196% PA            0.7696% PAFor  6 months and over but less than    12 Months           0.0666% PA            0.8166% PAFor 12 months           0.2069% PA            1.0819% PAFor  2 Years            0.2069% PA            1.5819% PAFor  3 Years            0.2069% PA            1.8319% PAFor  4 years            0.2069% PA            2.0819% PAFor  5 years            0.2069% PA            2.2069% PA--------------------------------------------------------POUND STERLING       VALUE 29-07-2020   VALUE 29-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.0754% PA            0.6746% PAFor  6 months and over but less thanFor 12 Months           0.0619% PA            0.9369% PAFor  2 Years            0.0619% PA            1.4369% PAFor  3 Years            0.0619% PA            1.6869% PAFor  4 years            0.0619% PA            1.9369% PAFor  5 years            0.0619% PA            2.0619% PA--------------------------------------------------------EURO                 VALUE 29-07-2020   VALUE 29-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1940% PA            0.9440% PAFor  6 months and over but less than    12 months           0.1679% PA            0.9179% PAFor 12 Months           0.0540% PA            0.9290% PAFor  2 Years            0.0540% PA            1.4290% PAFor  3 Years            0.0540% PA            1.6790% PAFor  4 years            0.0540% PA            1.9290% PAFor  5 years            0.0540% PA            2.0540% PA--------------------------------------------------------JAPANESE YEN         VALUE 29-07-2020   VALUE 29-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2012% PA            0.5488% PAFor  6 months and over but less than    12 months           0.2205% PA            0.5295% PAFor 12 Months           0.1470% PA            0.7280% PAFor  2 Years            0.1470% PA            1.2280% PAFor  3 Years            0.1470% PA            1.4780% PAFor  4 Years            0.1470% PA            1.7280% PAFor  5 years            0.1470% PA            1.8530% PA========================================================

Copyright Business Recorder, 2020