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 22, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 22.09.2020   VALUE 22.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0246% PA            0.7254% PAFor  6 months and over but less than    12 Months           0.0253% PA            0.7753% PAFor 12 months           0.1239% PA            0.9989% PAFor  2 Years            0.1239% PA            1.4989% PAFor  3 Years            0.1239% PA            1.7489% PAFor  4 years            0.1239% PA            1.9989% PAFor  5 years            0.1239% PA            2.1239% PA--------------------------------------------------------POUND STERLING       VALUE 22.09.2020   VALUE 22.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1980% PA            0.5520% PAFor  6 months and over but less than    12 months          -0.1686% PA            0.5814% PAFor 12 Months          -0.1081% PA            0.7669% PAFor  2 Years           -0.1081% PA            1.2669% PAFor  3 Years           -0.1081% PA            1.5169% PAFor  4 years           -0.1081% PA            1.7669% PAFor  5 years           -0.1081% PA            1.8919% PA--------------------------------------------------------EURO                 VALUE 22.09.2020   VALUE 22.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2719% PA            1.0219% PAFor  6 months and over but less than    12 months           0.2471% PA            0.9971% PAFor 12 Months           0.1821% PA            1.0571% PAFor  2 Years            0.1821% PA            1.5571% PAFor  3 Years            0.1821% PA            1.8071% PAFor  4 years            0.1821% PA            2.0571% PAFor  5 years            0.1821% PA            2.1821% PA--------------------------------------------------------JAPANESE YEN         VALUE 22.09.2020   VALUE 22.09.2020--------------------------------------------------------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