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 Monday (September 21, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 21.09.2020   VALUE 21.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0226% PA            0.7274% PAFor  6 months and over but less than    12 Months           0.0256% PA            0.7756% PAFor 12 months           0.1263% PA            1.0013% PAFor  2 Years            0.1263% PA            1.5013% PAFor  3 Years            0.1263% PA            1.7513% PAFor  4 years            0.1263% PA            2.0013% PAFor  5 years            0.1263% PA            2.1263% PA--------------------------------------------------------POUND STERLING       VALUE 21.09.2020   VALUE 21.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1969% PA            0.5531% PAFor  6 months and over but less than    12 months          -0.1578% PA            0.5923% PAFor 12 Months          -0.0746% PA            0.8004% PAFor  2 Years           -0.0746% PA            1.3004% PAFor  3 Years           -0.0746% PA            1.5504% PAFor  4 years           -0.0746% PA            1.8004% PAFor  5 years           -0.0746% PA            1.9254% PA--------------------------------------------------------EURO                 VALUE 21.09.2020   VALUE 21.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2684% PA            1.0184% PAFor  6 months and over but less than    12 months           0.2436% PA            0.9936% PAFor 12 Months           0.1786% PA            1.0536% PAFor  2 Years            0.1786% PA            1.5536% PAFor  3 Years            0.1786% PA            1.8036% PAFor  4 years            0.1786% PA            2.0536% PAFor  5 years            0.1786% PA            2.1786% PA--------------------------------------------------------JAPANESE YEN         VALUE 21.09.2020   VALUE 21.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1522% PA            0.5978% PAFor  6 months and over but less than    12 months           0.2142% PA            0.5358% PAFor 12 Months           0.1645% PA            0.7105% PAFor  2 Years            0.1645% PA            1.2105% PAFor  3 Years            0.1645% PA            1.4605% PAFor  4 Years            0.1645% PA            1.7105% PAFor  5 years            0.1645% PA            1.8355% PA========================================================

Copyright Business Recorder, 2020