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 (August 5, 2020).
========================================================INTEREST PAYABLE ON FE DEPOSITS======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST BY AUTHORISED DEALERS========================================================U.S. DOLLARS VALUE 05 08 2020 VALUE 05 08 2020--------------------------------------------------------For 3 months and over but less than 6 months -0.0010% PA 0.7490% PAFor 6 months and over but less than 12 Months 0.0535% PA 0.8035% PAFor 12 months 0.1968% PA 1.0718% PAFor 2 Years 0.1968% PA 1.5718% PAFor 3 Years 0.1968% PA 1.8218% PAFor 4 years 0.1968% PA 2.0718% PAFor 5 years 0.1968% PA 2.1968% PA--------------------------------------------------------POUND STERLING VALUE 05 08 2020 VALUE 05 08 2020--------------------------------------------------------For 3 months and over but less than 6 Months -0.1709% PA 0.5791% PAFor 6 months and over but less than 12 months -0.0988% PA 0.6513% PAFor 12 Months 0.0473% PA 0.9223% PAFor 2 Years 0.0473% PA 1.4223% PAFor 3 Years 0.0473% PA 1.6723% PAFor 4 years 0.0473% PA 1.9223% PAFor 5 years 0.0473% PA 2.0473% PA--------------------------------------------------------EURO VALUE 05 08 2020 VALUE 05 08 2020--------------------------------------------------------For 3 months and over but less than 6 months 0.2016% PA 0.9516% PAFor 6 months and over but less than 12 months 0.1721% PA 0.9221% PAFor 12 Months 0.0696% PA 0.9446% PAFor 2 Years 0.0696% PA 1.4446% PAFor 3 Years 0.0696% PA 1.6946% PAFor 4 years 0.0696% PA 1.9446% PAFor 5 years 0.0696% PA 2.0696% PA--------------------------------------------------------JAPANESE YEN VALUE 05 08 2020 VALUE 05 08 2020--------------------------------------------------------For 3 months and over but less than 6 months 0.1973% PA 0.5527% PAFor 6 months and over but less than 12 months 0.2223% PA 0.5277% PAFor 12 Months 0.1442% PA 0.7308% PAFor 2 Years 0.1442% PA 1.2308% PAFor 3 Years 0.1442% PA 1.4808% PAFor 4 Years 0.1442% PA 1.7308% PAFor 5 years 0.1442% PA 1.8558% PA========================================================Copyright Business Recorder, 2020