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 29, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 29.09.2020   VALUE 29.09.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0321% PA            0.7179% PAFor  6 months and over but less than    12 Months           0.0213% PA            0.7713% PAFor 12 months           0.1193% PA            0.9943% PAFor  2 Years            0.1193% PA            1.4943% PAFor  3 Years            0.1193% PA            1.7443% PAFor  4 years            0.1193% PA            1.9943% PAFor  5 years            0.1193% PA            2.1193% PA--------------------------------------------------------POUND STERLING       VALUE 29.09.2020   VALUE 29.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1916% PA            0.5584% PAFor  6 months and over but less than    12 months          -0.1576% PA            0.5924% PAFor 12 Months          -0.0924% PA            0.7826% PAFor  2 Years           -0.0924% PA            1.2826% PAFor  3 Years           -0.0924% PA            1.5326% PAFor  4 years           -0.0924% PA            1.7826% PAFor  5 years           -0.0924% PA            1.9076% PA--------------------------------------------------------EURO                 VALUE 29.09.2020   VALUE 29.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2633% PA            1.0133% PAFor  6 months and over but less than    12 months           0.2521% PA            1.0021% PAFor 12 Months           0.1856% PA            1.0606% PAFor  2 Years            0.1856% PA            1.5606% PAFor  3 Years            0.1856% PA            1.8106% PAFor  4 years            0.1856% PA            2.0606% PAFor  5 years            0.1856% PA            2.1856% PA--------------------------------------------------------JAPANESE YEN         VALUE 29.09.2020   VALUE 29.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1533% PA            0.5967% PAFor  6 months and over but less than    12 months           0.1993% PA            0.5507% PAFor 12 Months           0.1987% PA            0.6763% PAFor  2 Years            0.1987% PA            1.1763% PAFor  3 Years            0.1987% PA            1.4263% PAFor  4 Years            0.1987% PA            1.6763% PAFor  5 years            0.1987% PA            1.8013% PA========================================================

Copyright Business Recorder, 2020