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 Thursday (August 13, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 13.08.2020   VALUE 13.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0035% PA            0.7535% PAFor  6 months and over but less than    12 Months           0.0869% PA            0.8369% PAFor 12 months           0.2081% PA            1.0831% PAFor  2 Years            0.2081% PA            1.5831% PAFor  3 Years            0.2081% PA            1.8331% PAFor  4 years            0.2081% PA            2.0831% PAFor  5 years            0.2081% PA            2.2081% PA--------------------------------------------------------POUND STERLING       VALUE 13.08.2020   VALUE 13.08.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1826% PA            0.5674% PAFor  6 months and over but less than    12 months          -0.1254% PA            0.6246% 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 13.08.2020   VALUE 13.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2467% PA            0.9967% PAFor  6 months and over but less than    12 months           0.2207% PA            0.9707% PAFor 12 Months           0.1036% PA            0.9786% PAFor  2 Years            0.1036% PA            1.4786% PAFor  3 Years            0.1036% PA            1.7286% PAFor  4 years            0.1036% PA            1.9786% PAFor  5 years            0.1036% PA            2.1036% PA--------------------------------------------------------JAPANESE YEN         VALUE 13.08.2020   VALUE 13.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1985% PA            0.5515% PAFor  6 months and over but less than    12 months           0.2227% PA            0.5273% PAFor 12 Months           0.1430% PA            0.7320% PAFor  2 Years            0.1430% PA            1.2320% PAFor  3 Years            0.1430% PA            1.4820% PAFor  4 Years            0.1430% PA            1.7320% PAFor  5 years            0.1430% PA            1.8570% PA========================================================

Copyright Business Recorder, 2020