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 Monday (October 12, 2020).
========================================================INTEREST PAYABLE ON FE DEPOSITS======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST BY AUTHORISED DEALERS========================================================U.S. DOLLARS VALUE 13 10 2020 VALUE 13 10 2020--------------------------------------------------------For 3 months and over but less than 6 months -0.0295% PA 0.7205% PAFor 6 months and over but less than 12 Months -0.0036% PA 0.7464% PAFor 12 months 0.0995% PA 0.9745% PAFor 2 Years 0.0995% PA 1.4745% PAFor 3 Years 0.0995% PA 1.7245% PAFor 4 years 0.0995% PA 1.9745% PAFor 5 years 0.0995% PA 2.0995% PA--------------------------------------------------------POUND STERLING VALUE 12-10 2020 VALUE 13 10 2020--------------------------------------------------------For 3 months and over but less than 6 Months -0.1979% PA 0.5521% PAFor 6 months and over but less than 12 months -0.1751% PA 0.5749% PAFor 12 Months -0.0988% PA 0.7763% PAFor 2 Years -0.0988% PA 1.2763% PAFor 3 Years -0.0988% PA 1.5263% PAFor 4 years -0.0988% PA 1.7763% PAFor 5 years -0.0988% PA 1.9013% PA--------------------------------------------------------EURO VALUE 12-10 2020 VALUE 13 10 2020--------------------------------------------------------For 3 months and over but less than 6 months 0.2699% PA 1.0199% PAFor 6 months and over but less than 12 months 0.2463% PA 0.9963% PAFor 12 Months 0.1906% PA 1.0656% PAFor 2 Years 0.1906% PA 1.5656% PAFor 3 Years 0.1906% PA 1.8156% PAFor 4 years 0.1906% PA 2.0656% PAFor 5 years 0.1906% PA 2.1906% PA--------------------------------------------------------JAPANESE YEN VALUE 13 10 2020 VALUE 13 10 2020--------------------------------------------------------For 3 months and over but less than 6 months 0.1500% PA 0.6000% PAFor 6 months and over but less than 12 months 0.1937% PA 0.5563% PAFor 12 Months 0.2003% PA 0.6747% PAFor 2 Years 0.2003% PA 1.1747% PAFor 3 Years 0.2003% PA 1.4247% PAFor 4 Years 0.2003% PA 1.6747% PAFor 5 years 0.2003% PA 1.7997% PA========================================================
Copyright Business Recorder, 2020