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 13, 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 13.10.2020   VALUE 13.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1998% PA            0.5503% PAFor  6 months and over but less than    12 months          -0.1758% PA            0.5743% PAFor 12 Months          -0.1044% PA            0.7706% PAFor  2 Years           -0.1044% PA            1.2706% PAFor  3 Years           -0.1044% PA            1.5206% PAFor  4 years           -0.1044% PA            1.7706% PAFor  5 years           -0.1044% PA            1.8956% PA--------------------------------------------------------EURO                 VALUE 13.10.2020   VALUE 13.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2729% PA            1.0229% PAFor  6 months and over but less than    12 months           0.2477% PA            0.9977% PAFor 12 Months           0.1931% PA            1.0681% PAFor  2 Years            0.1931% PA            1.5681% PAFor  3 Years            0.1931% PA            1.8181% PAFor  4 years            0.1931% PA            2.0681% PAFor  5 years            0.1931% PA            2.1931% 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