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 Friday (September 11, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 11.09.2020   VALUE 11.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0002% PA            0.7503% PAFor  6 months and over but less than    12 Months           0.0353% PA            0.7853% PAFor 12 months           0.1648% PA            1.0398% PAFor  2 Years            0.1648% PA            1.5398% PAFor  3 Years            0.1648% PA            1.7898% PAFor  4 years            0.1648% PA            2.0398% PAFor  5 years            0.1648% PA            2.1648% PA--------------------------------------------------------POUND STERLING       VALUE 10.09.2020   VALUE 10.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1908% PA            0.5593% PAFor  6 months and over but less than    12 months          -0.1568% PA            0.5933% PAFor 12 Months          -0.0656% PA            0.8094% PAFor  2 Years           -0.0656% PA            1.3094% PAFor  3 Years           -0.0656% PA            1.5594% PAFor  4 years           -0.0656% PA            1.8094% PAFor  5 years           -0.0656% PA            1.9344% PA--------------------------------------------------------EURO                 VALUE 10.09.2020   VALUE 10.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2679% PA            1.0179% PAFor  6 months and over but less than    12 months           0.2471% PA            0.9971% PAFor 12 Months           0.1663% PA            1.0413% PAFor  2 Years            0.1663% PA            1.5413% PAFor  3 Years            0.1663% PA            1.7913% PAFor  4 years            0.1663% PA            2.0413% PAFor  5 years            0.1663% PA            2.1663% PA--------------------------------------------------------JAPANESE YEN         VALUE 10.09.2020   VALUE 10.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1677% PA            0.5823% PAFor  6 months and over but less than    12 months           0.1975% PA            0.5525% PAFor 12 Months           0.1698% PA            0.7052% PAFor  2 Years            0.1698% PA            1.2052% PAFor  3 Years            0.1698% PA            1.4552% PAFor  4 Years            0.1698% PA            1.7052% PAFor  5 years            0.1698% PA            1.8302% PA========================================================

Copyright Business Recorder, 2020