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 18, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 18.09.2020   VALUE 18.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0168% PA            0.7333% PAFor  6 months and over but less than    12 Months           0.0204% PA            0.7704% PAFor 12 months           0.1280% PA            1.0030% PAFor  2 Years            0.1280% PA            1.5030% PAFor  3 Years            0.1280% PA            1.7530% PAFor  4 years            0.1280% PA            2.0030% PAFor  5 years            0.1280% PA            2.1280% PA--------------------------------------------------------POUND STERLING       VALUE 18.09.2020   VALUE 18.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1975% PA            0.5525% PAFor  6 months and over but less than    12 months          -0.1635% PA            0.5865% PAFor 12 Months          -0.0826% PA            0.7924% PAFor  2 Years           -0.0826% PA            1.2924% PAFor  3 Years           -0.0826% PA            1.5424% PAFor  4 years           -0.0826% PA            1.7924% PAFor  5 years           -0.0826% PA            1.9174% PA--------------------------------------------------------EURO                 VALUE 18.09.2020   VALUE 18.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2713% PA            1.0213% PAFor  6 months and over but less than    12 months           0.2456% PA            0.9956% PAFor 12 Months           0.1789% PA            1.0539% PAFor  2 Years            0.1789% PA            1.5539% PAFor  3 Years            0.1789% PA            1.8039% PAFor  4 years            0.1789% PA            2.0539% PAFor  5 years            0.1789% PA            2.1789% PA--------------------------------------------------------JAPANESE YEN         VALUE 18.09.2020   VALUE 18.09.2020--------------------------------------------------------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           0.2132% PA            0.5368% PAFor 12 Months           0.1648% PA            0.7102% PAFor  2 Years            0.1648% PA            1.2102% PAFor  3 Years            0.1648% PA            1.4602% PAFor  4 Years            0.1648% PA            1.7102% PAFor  5 years            0.1648% PA            1.8352% PA========================================================

Copyright Business Recorder, 2020