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 25, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 25.09.2020   VALUE 25.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0250% PA            0.7250% PAFor  6 months and over but less than    12 Months           0.0216% PA            0.7716% PAFor 12 months           0.1218% PA            0.9968% PAFor  2 Years            0.1218% PA            1.4968% PAFor  3 Years            0.1218% PA            1.7468% PAFor  4 years            0.1218% PA            1.9968% PAFor  5 years            0.1218% PA            2.1218% PA--------------------------------------------------------POUND STERLING       VALUE 25.09.2020   VALUE 25.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1836% PA            0.5664% PAFor  6 months and over but less than    12 months          -0.1561% PA            0.5939% PAFor 12 Months          -0.0881% PA            0.7899% PAFor  2 Years           -0.0881% PA            1.2869% PAFor  3 Years           -0.0881% PA            1.5369% PAFor  4 years           -0.0881% PA            1.7869% PAFor  5 years           -0.0881% PA            1.9119% PA--------------------------------------------------------EURO                 VALUE 25.09.2020   VALUE 25.09.2020--------------------------------------------------------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           0.2476% PA            0.9976% PAFor 12 Months           0.1804% PA            1.0554% PAFor  2 Years            0.1804% PA            1.5554% PAFor  3 Years            0.1804% PA            1.8054% PAFor  4 years            0.1804% PA            2.0554% PAFor  5 years            0.1804% PA            2.1804% PA--------------------------------------------------------JAPANESE YEN         VALUE 25.09.2020   VALUE 25.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1500% PA            0.6000% PAFor  6 months and over but less than    12 months           0.1983% PA            0.5517% PAFor 12 Months           0.1943% PA            0.6807% PAFor  2 Years            0.1943% PA            1.1807% PAFor  3 Years            0.1943% PA            1.4307% PAFor  4 Years            0.1943% PA            1.7807% PAFor  5 years            0.1943% PA            1.8057% PA========================================================

Copyright Business Recorder, 2020