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 (August 11, 2020).
========================================================INTEREST PAYABLE ON FE DEPOSITS======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST BY AUTHORISED DEALERS========================================================U.S. DOLLARS VALUE 11-08-2020 VALUE 11-08-2020--------------------------------------------------------For 3 months and over but less than 6 months -0.0025% PA 0.7525% PAFor 6 months and over but less than 12 Months 0.0591% PA 0.8094% PAFor 12 months 0.1990% PA 1.0740% PAFor 2 Years 0.1990% PA 1.5740% PAFor 3 Years 0.1990% PA 1.8240% PAFor 4 years 0.1990% PA 2.0740% PAFor 5 years 0.1990% PA 2.1990% PA--------------------------------------------------------POUND STERLING VALUE 11-08-2020 VALUE 11-08-2020--------------------------------------------------------For 3 months and over but less than 6 Months -0.1774% PA 0.5726% PAFor 6 months and over but less than 12 months -0.1260% PA 0.6240% PAFor 12 Months 0.0366% PA 0.9116% PAFor 2 Years 0.0366% PA 1.4116% PAFor 3 Years 0.0366% PA 1.6616% PAFor 4 years 0.0366% PA 1.9116% PAFor 5 years 0.0366% PA 2.0366% PA--------------------------------------------------------EURO VALUE 11-08-2020 VALUE 11-08-2020--------------------------------------------------------For 3 months and over but less than 6 months 0.2209% PA 0.9709% PAFor 6 months and over but less than 12 months 0.2070% PA 0.9570% PAFor 12 Months 0.0996% PA 0.9746% PAFor 2 Years 0.0996% PA 1.4746% PAFor 3 Years 0.0996% PA 1.7246% PAFor 4 years 0.0996% PA 1.9746% PAFor 5 years 0.0996% PA 2.0996% PA--------------------------------------------------------JAPANESE YEN VALUE 11-08-2020 VALUE 11-08-2020--------------------------------------------------------For 3 months and over but less than 6 months 0.1948% PA 0.5552% PAFor 6 months and over but less than 12 months 0.2193% PA 0.5307% PAFor 12 Months 0.1467% PA 0.7283% PAFor 2 Years 0.1467% PA 1.2283% PAFor 3 Years 0.1467% PA 1.4783% PAFor 4 Years 0.1467% PA 1.7283% PAFor 5 years 0.1467% PA 1.8533% PA========================================================Copyright Business Recorder, 2020