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 28, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 28.09.2020   VALUE 28.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0168% PA            0.7333% PAFor  6 months and over but less than    12 Months           0.0235% PA            0.7735% PAFor 12 months           0.1221% PA            0.9971% PAFor  2 Years            0.1221% PA            1.4971% PAFor  3 Years            0.1221% PA            1.7471% PAFor  4 years            0.1221% PA            1.9971% PAFor  5 years            0.1221% PA            2.1221% PA--------------------------------------------------------POUND STERLING       VALUE 28.09.2020   VALUE 28.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1853% PA            0.5648% PAFor  6 months and over but less than    12 months          -0.1553% PA            0.5948% 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 28.09.2020   VALUE 28.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2667% PA            1.0167% PAFor  6 months and over but less than    12 months           0.2484% PA            0.9984% PAFor 12 Months           0.1809% PA            1.0559% PAFor  2 Years            0.1809% PA            1.5559% PAFor  3 Years            0.1809% PA            1.8059% PAFor  4 years            0.1809% PA            2.0559% PAFor  5 years            0.1809% PA            2.1809% PA--------------------------------------------------------JAPANESE YEN         VALUE 28.09.2020   VALUE 28.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1518% PA            0.5982% PAFor  6 months and over but less than    12 months           0.2000% PA            0.5500% PAFor 12 Months           0.1955% PA            0.6795% PAFor  2 Years            0.1955% PA            1.1795% PAFor  3 Years            0.1955% PA            1.4295% PAFor  4 Years            0.1955% PA            1.6795% PAFor  5 years            0.1955% PA            1.8045% PA========================================================

Copyright Business Recorder, 2020