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 25, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 25.08.2020   VALUE 25.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0000% PA            0.7500% PAFor  6 months and over but less than    12 Months           0.0644% PA            0.8144% PAFor 12 months           0.1910% PA            1.0660% PAFor  2 Years            0.1910% PA            1.5660% PAFor  3 Years            0.1910% PA            1.8160% PAFor  4 years            0.1910% PA            2.0660% PAFor  5 years            0.1910% PA            2.1910% PA--------------------------------------------------------POUND STERLING       VALUE 25.08.2020   VALUE 25.08.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1803% PA            0.5698% PAFor  6 months and over but less than    12 months          -0.1346% PA            0.6154% PAFor 12 Months           0.0067% PA            0.8818% PAFor  2 Years            0.0067% PA            1.3818% PAFor  3 Years            0.0067% PA            1.6318% PAFor  4 years            0.0067% PA            1.8818% PAFor  5 years            0.0067% PA            2.0068% PA--------------------------------------------------------EURO                 VALUE 25.08.2020   VALUE 25.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2650% PA            1.0150% PAFor  6 months and over but less than    12 months           0.2221% PA            0.9721% PAFor 12 Months           0.1117% PA            0.9867% PAFor  2 Years            0.1117% PA            1.4867% PAFor  3 Years            0.1117% PA            1.7367% PAFor  4 years            0.1117% PA            1.9867% PAFor  5 years            0.1117% PA            2.1117% PA--------------------------------------------------------JAPANESE YEN         VALUE 25.08.2020   VALUE 25.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1982% PA            0.5518% PAFor  6 months and over but less than    12 months           0.2092% PA            0.5408% 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