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 (September 16, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 16.09.2020   VALUE 16.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0128% PA            0.7373% PAFor  6 months and over but less than    12 Months           0.0245% PA            0.7745% PAFor 12 months           0.1526% PA            1.0276% PAFor  2 Years            0.1526% PA            1.5276% PAFor  3 Years            0.1526% PA            1.7776% PAFor  4 years            0.1526% PA            2.0276% PAFor  5 years            0.1526% PA            2.1526% PA--------------------------------------------------------POUND STERLING       VALUE 16.09.2020   VALUE 16.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1904% PA            0.5596% PAFor  6 months and over but less than    12 months          -0.1699% PA            0.5801% PAFor 12 Months          -0.0898% PA            0.7853% PAFor  2 Years           -0.0898% PA            1.2853% PAFor  3 Years           -0.0898% PA            1.5353% PAFor  4 years           -0.0898% PA            1.7853% PAFor  5 years           -0.0898% PA            1.9103% PA--------------------------------------------------------EURO                 VALUE 16.09.2020   VALUE 16.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2604% PA            1.0104% PAFor  6 months and over but less than    12 months           0.2433% PA            0.9933% PAFor 12 Months           0.1733% PA            1.0483% PAFor  2 Years            0.1733% PA            1.5483% PAFor  3 Years            0.1733% PA            1.7983% PAFor  4 years            0.1733% PA            2.0483% PAFor  5 years            0.1733% PA            2.1733% PA--------------------------------------------------------JAPANESE YEN         VALUE 16.09.2020   VALUE 16.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1523% PA            0.5977% PAFor  6 months and over but less than    12 months           0.1935% PA            0.5565% PAFor 12 Months           0.1673% PA            0.7077% PAFor  2 Years            0.1673% PA            1.2077% PAFor  3 Years            0.1673% PA            1.4577% PAFor  4 Years            0.1673% PA            1.7077% PAFor  5 years            0.1673% PA            1.8327% PA========================================================

Copyright Business Recorder, 2020