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 23, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 23.09.2020   VALUE 23.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0268% PA            0.7233% PAFor  6 months and over but less than    12 Months           0.0229% PA            0.7729% PAFor 12 months           0.1285% PA            1.0035% PAFor  2 Years            0.1285% PA            1.5035% PAFor  3 Years            0.1285% PA            1.7535% PAFor  4 years            0.1285% PA            2.0035% PAFor  5 years            0.1285% PA            2.1285% PA--------------------------------------------------------POUND STERLING       VALUE 23.09.2020   VALUE 23.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1934% PA            0.5566% PAFor  6 months and over but less than    12 months          -0.1715% PA            0.5785% PAFor 12 Months          -0.1069% PA            0.7681% PAFor  2 Years           -0.1069% PA            1.2681% PAFor  3 Years           -0.1069% PA            1.5181% PAFor  4 years           -0.1069% PA            1.7681% PAFor  5 years           -0.1069% PA            1.8931% PA--------------------------------------------------------EURO                 VALUE 23.09.2020   VALUE 23.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2673% PA            1.0173% PAFor  6 months and over but less than    12 months           0.2449% PA            0.9949% PAFor 12 Months           0.1810% PA            1.0560% PAFor  2 Years            0.1810% PA            1.5560% PAFor  3 Years            0.1810% PA            1.8060% PAFor  4 years            0.1810% PA            2.0560% PAFor  5 years            0.1810% PA            2.1810% PA--------------------------------------------------------JAPANESE YEN         VALUE 23.09.2020   VALUE 23.09.2020--------------------------------------------------------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