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 (October 1, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 01.10.2020   VALUE 01.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0249% PA            0.7251% PAFor  6 months and over but less than    12 Months           0.0151% PA            0.7651% PAFor 12 months           0.1093% PA            0.9843% PAFor  2 Years            0.1093% PA            1.4843% PAFor  3 Years            0.1093% PA            1.7843% PAFor  4 years            0.1093% PA            1.9843% PAFor  5 years            0.1093% PA            2.1093% PA--------------------------------------------------------POUND STERLING       VALUE 01.10.2020   VALUE 01.10.2020--------------------------------------------------------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          -0.1690% PA            0.5810% PAFor 12 Months          -0.1033% PA            0.7718% PAFor  2 Years           -0.1033% PA            1.2718% PAFor  3 Years           -0.1033% PA            1.5218% PAFor  4 years           -0.1033% PA            1.7718% PAFor  5 years           -0.1033% PA            1.8968% PA--------------------------------------------------------EURO                 VALUE 01.10.2020   VALUE 01.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2616% PA            1.0116% PAFor  6 months and over but less than    12 months           0.2537% PA            1.0037% PAFor 12 Months           0.1874% PA            1.0624% PAFor  2 Years            0.1874% PA            1.5624% PAFor  3 Years            0.1874% PA            1.8124% PAFor  4 years            0.1874% PA            2.0624% PAFor  5 years            0.1874% PA            2.1874% PA--------------------------------------------------------JAPANESE YEN         VALUE 01.10.2020   VALUE 01.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1460% PA            0.6040% PAFor  6 months and over but less than    12 months           0.1937% PA            0.5563% PAFor 12 Months           0.2070% PA            0.6680% PAFor  2 Years            0.2070% PA            1.1680% PAFor  3 Years            0.2070% PA            1.4180% PAFor  4 Years            0.2070% PA            1.6680% PAFor  5 years            0.2070% PA            1.7930% PA========================================================

Copyright Business Recorder, 2020