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 24, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 24.09.2020   VALUE 24.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0275% PA            0.7225% PAFor  6 months and over but less than    12 Months           0.0248% PA            0.7748% PAFor 12 months           0.1265% PA            1.0015% PAFor  2 Years            0.1265% PA            1.5015% PAFor  3 Years            0.1265% PA            1.7515% PAFor  4 years            0.1265% PA            2.0015% PAFor  5 years            0.1265% PA            2.1265% PA--------------------------------------------------------POUND STERLING       VALUE 24.09.2020   VALUE 24.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1845% PA            0.5655% PAFor  6 months and over but less than    12 months          -0.1601% PA            0.5899% PAFor 12 Months          -0.0849% PA            0.7901% PAFor  2 Years           -0.0849% PA            1.2901% PAFor  3 Years           -0.0849% PA            1.5401% PAFor  4 years           -0.0849% PA            1.7901% PAFor  5 years           -0.0849% PA            1.9151% PA--------------------------------------------------------EURO                 VALUE 24.09.2020   VALUE 24.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2691% PA            1.0191% PAFor  6 months and over but less than    12 months           0.2457% PA            0.9957% PAFor 12 Months           0.1820% PA            1.0570% PAFor  2 Years            0.1820% PA            1.5570% PAFor  3 Years            0.1820% PA            1.8070% PAFor  4 years            0.1820% PA            2.0570% PAFor  5 years            0.1820% PA            2.1820% PA--------------------------------------------------------JAPANESE YEN         VALUE 24.09.2020   VALUE 24.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1505% PA            0.5995% PAFor  6 months and over but less than    12 months           0.2108% PA            0.5392% PAFor 12 Months           0.1635% PA            0.7115% PAFor  2 Years            0.1635% PA            1.2115% PAFor  3 Years            0.1635% PA            1.4615% PAFor  4 Years            0.1635% PA            1.7115% PAFor  5 years            0.1635% PA            1.8365% PA========================================================

Copyright Business Recorder, 2020