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 (September 15, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 15.09.2020   VALUE 15.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0004% PA            0.7504% PAFor  6 months and over but less than    12 Months           0.0319% PA            0.7819% PAFor 12 months           0.1639% PA            1.0389% PAFor  2 Years            0.1639% PA            1.5389% PAFor  3 Years            0.1639% PA            1.7889% PAFor  4 years            0.1639% PA            2.0389% PAFor  5 years            0.1639% PA            2.1639% PA--------------------------------------------------------POUND STERLING       VALUE 15.09.2020   VALUE 15.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1930% PA            0.5570% PAFor  6 months and over but less than    12 months          -0.1693% PA            0.5808% PAFor 12 Months          -0.0866% PA            0.7884% PAFor  2 Years           -0.0866% PA            1.2884% PAFor  3 Years           -0.0866% PA            1.5384% PAFor  4 years           -0.0866% PA            1.7884% PAFor  5 years           -0.0866% PA            1.9134% PA--------------------------------------------------------EURO                 VALUE 15.09.2020   VALUE 15.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2574% PA            1.0074% PAFor  6 months and over but less than    12 months           0.2437% PA            0.9937% PAFor 12 Months           0.1680% PA            1.0430% PAFor  2 Years            0.1680% PA            1.5430% PAFor  3 Years            0.1680% PA            1.7930% PAFor  4 years            0.1680% PA            2.0430% PAFor  5 years            0.1680% PA            2.1680% PA--------------------------------------------------------JAPANESE YEN         VALUE 15.09.2020   VALUE 15.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1558% PA            0.5942% PAFor  6 months and over but less than    12 months           0.1948% PA            0.5552% PAFor 12 Months           0.1665% PA            0.7085% PAFor  2 Years            0.1665% PA            1.2085% PAFor  3 Years            0.1665% PA            1.4585% PAFor  4 Years            0.1665% PA            1.7085% PAFor  5 years            0.1665% PA            1.8335% PA========================================================

Copyright Business Recorder, 2020