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 (October 6, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 06.10.2020   VALUE 06.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0165% PA            0.7335% PAFor  6 months and over but less than    12 Months          -0.0053% PA            0.7448% PAFor 12 months           0.1075% PA            0.9825% PAFor  2 Years            0.1075% PA            1.4825% PAFor  3 Years            0.1075% PA            1.7325% PAFor  4 years            0.1075% PA            1.9825% PAFor  5 years            0.1075% PA            2.1075% PA--------------------------------------------------------POUND STERLING       VALUE 06.10.2020   VALUE 06.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1939% PA            0.5561% PAFor  6 months and over but less than    12 months          -0.1715% PA            0.5785% PAFor 12 Months          -0.0990% PA            0.7760% PAFor  2 Years           -0.0990% PA            1.2760% PAFor  3 Years           -0.0990% PA            1.5260% PAFor  4 years           -0.0990% PA            1.7760% PAFor  5 years           -0.0990% PA            1.9010% PA--------------------------------------------------------EURO                 VALUE 06.10.2020   VALUE 06.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2777% PA            1.0277% PAFor  6 months and over but less than    12 months           0.2460% PA            0.9960% PAFor 12 Months           0.1897% PA            1.0647% PAFor  2 Years            0.1897% PA            1.5647% PAFor  3 Years            0.1897% PA            1.8147% PAFor  4 years            0.1897% PA            2.0647% PAFor  5 years            0.1897% PA            2.1897% PA--------------------------------------------------------JAPANESE YEN         VALUE 06.10.2020   VALUE 06.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1458% PA            0.6042% PAFor  6 months and over but less than    12 months           0.1960% PA            0.5540% PAFor 12 Months           0.2055% PA            0.6695% PAFor  2 Years            0.2055% PA            1.1695% PAFor  3 Years            0.2055% PA            1.4195% PAFor  4 Years            0.2055% PA            1.6695% PAFor  5 years            0.2055% PA            1.7945% PA========================================================

Copyright Business Recorder, 2020