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 Wednesday (October 7, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 07.10.2020   VALUE 07.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0298% PA            0.7203% PAFor  6 months and over but less than    12 Months          -0.0163% PA            0.7338% PAFor 12 months           0.0988% PA            0.9738% PAFor  2 Years            0.0988% PA            1.4738% PAFor  3 Years            0.0988% PA            1.7238% PAFor  4 years            0.0988% PA            1.9738% PAFor  5 years            0.0988% PA            2.0988% PA--------------------------------------------------------POUND STERLING       VALUE 07.10.2020   VALUE 07.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2013% PA            0.5488% PAFor  6 months and over but less than    12 months          -0.1724% PA            0.5776% PAFor 12 Months          -0.0979% PA            0.7771% PAFor  2 Years           -0.0979% PA            1.2771% PAFor  3 Years           -0.0979% PA            1.5271% PAFor  4 years           -0.0979% PA            1.7771% PAFor  5 years           -0.0979% PA            1.9021% PA--------------------------------------------------------EURO                 VALUE 07.10.2020   VALUE 07.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2786% PA            1.0286% PAFor  6 months and over but less than    12 months           0.2453% PA            0.9953% PAFor 12 Months           0.1926% PA            1.0676% PAFor  2 Years            0.1926% PA            1.5676% PAFor  3 Years            0.1926% PA            1.8176% PAFor  4 years            0.1926% PA            2.0676% PAFor  5 years            0.1926% PA            2.1926% PA--------------------------------------------------------JAPANESE YEN         VALUE 07.10.2020   VALUE 07.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1477% PA            0.6023% PAFor  6 months and over but less than    12 months           0.1978% PA            0.5522% PAFor 12 Months           0.2048% PA            0.6702% PAFor  2 Years            0.2048% PA            1.1702% PAFor  3 Years            0.2048% PA            1.4202% PAFor  4 Years            0.2048% PA            1.6702% PAFor  5 years            0.2048% PA            1.7952% PA========================================================

Copyright Business Recorder, 2020