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 8, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 08.10.2020   VALUE 08.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0203% PA            0.7298% PAFor  6 months and over but less than    12 Months           0.0108% PA            0.7393% PAFor 12 months          -0.0939% PA            0.9689% PAFor  2 Years            0.0939% PA            1.4689% PAFor  3 Years            0.0939% PA            1.7189% PAFor  4 years            0.0939% PA            1.9689% PAFor  5 years            0.0939% PA            2.0939% PA--------------------------------------------------------POUND STERLING      VALUE 08.10.2020   VALUE 08.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1956% PA            0.5544% PAFor  6 months and over but less than    12 months          -0.1756% PA            0.5744% PAFor 12 Months          -0.0985% PA            0.7765% PAFor  2 Years           -0.0985% PA            1.2765% PAFor  3 Years           -0.0985% PA            1.5265% PAFor  4 years           -0.0985% PA            1.7765% PAFor  5 years           -0.0985% PA            1.9015% PA--------------------------------------------------------EURO                 VALUE 08.10.2020   VALUE 08.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2766% PA            1.0266% PAFor  6 months and over but less than    12 months           0.2454% PA            0.9954% PAFor 12 Months           0.1913% PA            1.0663% PAFor  2 Years            0.1913% PA            1.5663% PAFor  3 Years            0.1913% PA            1.8163% PAFor  4 years            0.1913% PA            2.0663% PAFor  5 years            0.1913% PA            2.1913% PA--------------------------------------------------------JAPANESE YEN         VALUE 08.10.2020   VALUE 08.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1508% PA            0.5992% PAFor  6 months and over but less than    12 months           0.2032% PA            0.5468% PAFor 12 Months           0.1988% PA            0.6762% PAFor  2 Years            0.1988% PA            1.1762% PAFor  3 Years            0.1988% PA            1.4262% PAFor  4 Years            0.1988% PA            1.6762% PAFor  5 years            0.1988% PA            1.8012% PA========================================================

Copyright Business Recorder, 2020