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 Monday (August 17, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 17.08.2020   VALUE 17.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0301% PA            0.7801% PAFor  6 months and over but less than    12 Months           0.0884% PA            0.8384% PAFor 12 months           0.2085% PA            1.0835% PAFor  2 Years            0.2085% PA            1.5835% PAFor  3 Years            0.2085% PA            1.8335% PAFor  4 years            0.2085% PA            2.0835% PAFor  5 years            0.2085% PA            2.2085% PA--------------------------------------------------------POUND STERLING       VALUE 17.08.2020   VALUE 17.08.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1793% PA            0.5708% PAFor  6 months and over but less than    12 months          -0.1259% PA            0.6241% PAFor 12 Months           0.0355% PA            0.9105% PAFor  2 Years            0.0355% PA            1.4105% PAFor  3 Years            0.0355% PA            1.6605% PAFor  4 years            0.0355% PA            1.9105% PAFor  5 years            0.0355% PA            2.0355% PA--------------------------------------------------------EURO                 VALUE 17.08.2020   VALUE 17.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2550% PA            1.0050% PAFor  6 months and over but less than    12 months           0.2219% PA            0.9719% PAFor 12 Months           0.0980% PA            0.9730% PAFor  2 Years            0.0980% PA            1.4730% PAFor  3 Years            0.0980% PA            1.7230% PAFor  4 years            0.0980% PA            1.9730% PAFor  5 years            0.0980% PA            2.0980% PA--------------------------------------------------------JAPANESE YEN         VALUE 17.08.2020   VALUE 17.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1993% PA            0.5507% PAFor  6 months and over but less than    12 months           0.2300% PA            0.5200% PAFor 12 Months           0.1420% PA            0.7330% PAFor  2 Years            0.1420% PA            1.2330% PAFor  3 Years            0.1420% PA            1.4830% PAFor  4 Years            0.1420% PA            1.7330% PAFor  5 years            0.1420% PA            1.8580% PA========================================================

Copyright Business Recorder, 2020