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 Friday (October 9, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 09.10.2020   VALUE 09.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0205% PA            0.7295% PAFor  6 months and over but less than    12 Months          -0.0001% PA            0.7501% PAFor 12 months           0.0979% PA            0.9729% PAFor  2 Years            0.0979% PA            1.4729% PAFor  3 Years            0.0979% PA            1.7229% PAFor  4 years            0.0979% PA            1.9729% PAFor  5 years            0.0979% PA            2.0979% PA--------------------------------------------------------POUND STERLING       VALUE 09.10.2020   VALUE 09.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1865% PA            0.5635% PAFor  6 months and over but less than    12 months          -0.1750% PA            0.5750% PAFor 12 Months          -0.0980% PA            0.7770% PAFor  2 Years           -0.0980% PA            1.2770% PAFor  3 Years           -0.0980% PA            1.5270% PAFor  4 years           -0.0980% PA            1.7770% PAFor  5 years           -0.0980% PA            1.9020% PA--------------------------------------------------------EURO                 VALUE 09.10.2020   VALUE 09.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2706% PA            1.0206% PAFor  6 months and over but less than    12 months           0.2463% PA            0.9963% PAFor 12 Months           0.1909% PA            1.0659% PAFor  2 Years            0.1909% PA            1.5659% PAFor  3 Years            0.1909% PA            1.8159% PAFor  4 years            0.1909% PA            2.0659% PAFor  5 years            0.1909% PA            2.1909% PA--------------------------------------------------------JAPANESE YEN         VALUE 09.10.2020   VALUE 09.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1512% PA            0.5988% PAFor  6 months and over but less than    12 months           0.1987% PA            0.5513% PAFor 12 Months           0.2012% PA            0.6738% PAFor  2 Years            0.2012% PA            1.1738% PAFor  3 Years            0.2012% PA            1.4238% PAFor  4 Years            0.2012% PA            1.6738% PAFor  5 years            0.2012% PA            1.7988% PA========================================================

Copyright Business Recorder, 2020