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 26, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 26.08.2020   VALUE 26.08.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0163% PA            0.7338% PAFor  6 months and over but less than    12 Months           0.0474% PA            0.7974% PAFor 12 months           0.1891% PA            1.0641% PAFor  2 Years            0.1891% PA            1.5641% PAFor  3 Years            0.1891% PA            1.8141% PAFor  4 years            0.1891% PA            2.0641% PAFor  5 years            0.1891% PA            2.1891% PA--------------------------------------------------------POUND STERLING       VALUE 26.08.2020   VALUE 26.08.2020--------------------------------------------------------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          -0.1339% PA            0.6161% PAFor 12 Months           0.0064% PA            0.8814% PAFor  2 Years            0.0064% PA            1.3814% PAFor  3 Years            0.0064% PA            1.6314% PAFor  4 years            0.0064% PA            1.8814% PAFor  5 years            0.0064% PA            2.0064% PA--------------------------------------------------------EURO                 VALUE 26.08.2020   VALUE 26.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2624% PA            1.0124% PAFor  6 months and over but less than    12 months           0.2219% PA            0.9719% PAFor 12 Months           0.1126% PA            0.9876% PAFor  2 Years            0.1126% PA            1.4876% PAFor  3 Years            0.1126% PA            1.7376% PAFor  4 years            0.1126% PA            1.9876% PAFor  5 years            0.1126% PA            2.1126% PA--------------------------------------------------------JAPANESE YEN         VALUE 26.08.2020   VALUE 26.08.2020--------------------------------------------------------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           0.2097% PA            0.5403% 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