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 14, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 14.10.2020   VALUE 14.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0211% PA            0.7289% PAFor  6 months and over but less than    12 Months          -0.0071% PA            0.7429% PAFor 12 months           0.0976% PA            0.9726% PAFor  2 Years            0.0976% PA            1.4726% PAFor  3 Years            0.0976% PA            1.7226% PAFor  4 years            0.0976% PA            1.9726% PAFor  5 years            0.0976% PA            2.0976% PA--------------------------------------------------------POUND STERLING       VALUE 14.10.2020   VALUE 14.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2039% PA            0.5461% PAFor  6 months and over but less than    12 months          -0.1785% PA            0.5715% PAFor 12 Months          -0.1048% PA            0.7703% PAFor  2 Years           -0.1048% PA            1.2703% PAFor  3 Years           -0.1048% PA            1.5203% PAFor  4 years           -0.1048% PA            1.7703% PAFor  5 years           -0.1048% PA            1.8953% PA--------------------------------------------------------EURO                 VALUE 14.10.2020   VALUE 14.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2774% PA            1.0274% PAFor  6 months and over but less than    12 months           0.2471% PA            0.9971% PAFor 12 Months           0.1940% PA            1.0690% PAFor  2 Years            0.1940% PA            1.5690% PAFor  3 Years            0.1940% PA            1.8190% PAFor  4 years            0.1940% PA            2.0690% PAFor  5 years            0.1940% PA            2.1940% PA--------------------------------------------------------JAPANESE YEN         VALUE 14.10.2020   VALUE 14.10.2020--------------------------------------------------------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           0.1903% PA            0.5597% PAFor 12 Months           0.2045% PA            0.6705% PAFor  2 Years            0.2045% PA            1.1705% PAFor  3 Years            0.2045% PA            1.4205% PAFor  4 Years            0.2045% PA            1.6705% PAFor  5 years            0.2045% PA            1.7955% PA========================================================

Copyright Business Recorder, 2020