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 Thursday (September 17, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 17.09.2020   VALUE 17.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0039% PA            0.7461% PAFor  6 months and over but less than    12 Months           0.0233% PA            0.7733% PAFor 12 months           0.1358% PA            1.0108% PAFor  2 Years            0.1358% PA            1.5108% PAFor  3 Years            0.1358% PA            1.7608% PAFor  4 years            0.1358% PA            2.0108% PAFor  5 years            0.1358% PA            2.1358% PA--------------------------------------------------------POUND STERLING       VALUE 17.09.2020   VALUE 17.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1909% PA            0.5591% PAFor  6 months and over but less than    12 months          -0.1660% PA            0.5840% PAFor 12 Months          -0.0831% PA            0.7919% PAFor  2 Years           -0.0831% PA            1.2919% PAFor  3 Years           -0.0831% PA            1.5419% PAFor  4 years           -0.0831% PA            1.7919% PAFor  5 years           -0.0831% PA            1.9169% PA--------------------------------------------------------EURO                 VALUE 17.09.2020   VALUE 17.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2631% PA            1.0131% PAFor  6 months and over but less than    12 months           0.2413% PA            0.9913% PAFor 12 Months           0.1747% PA            1.0497% PAFor  2 Years            0.1747% PA            1.5497% PAFor  3 Years            0.1747% PA            1.7997% PAFor  4 years            0.1747% PA            2.0497% PAFor  5 years            0.1747% PA            2.1747% PA--------------------------------------------------------JAPANESE YEN         VALUE 17.09.2020   VALUE 17.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1525% PA            0.5975% PAFor  6 months and over but less than    12 months           0.1922% PA            0.5578% PAFor 12 Months           0.1693% PA            0.7057% PAFor  2 Years            0.1693% PA            1.2057% PAFor  3 Years            0.1693% PA            1.4557% PAFor  4 Years            0.1693% PA            1.7057% PAFor  5 years            0.1693% PA            1.8307% PA========================================================

Copyright Business Recorder, 2020