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 19, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 19.10.2020   VALUE 19.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0323% PA            0.7178% PAFor  6 months and over but less than    12 Months          -0.0032% PA            0.7533% PAFor 12 months           0.0978% PA            0.9728% PAFor  2 Years            0.0978% PA            1.4728% PAFor  3 Years            0.0978% PA            1.7228% PAFor  4 years            0.0978% PA            1.9728% PAFor  5 years            0.0978% PA            2.0978% PA--------------------------------------------------------POUND STERLING       VALUE 19.10.2020   VALUE 19.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2043% PA            0.5458% PAFor  6 months and over but less than    12 months          -0.1728% PA            0.5773% PAFor 12 Months          -0.1203% PA            0.7548% PAFor  2 Years           -0.1203% PA            1.2548% PAFor  3 Years           -0.1203% PA            1.5048% PAFor  4 years           -0.1203% PA            1.7548% PAFor  5 years           -0.1203% PA            1.8798% PA--------------------------------------------------------EURO                 VALUE 19.10.2020   VALUE 19.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2823% PA            1.0323% PAFor  6 months and over but less than    12 months           0.2613% PA            0.0113% PAFor 12 Months           0.2111% PA            1.0861% PAFor  2 Years            0.2111% PA            1.5861% PAFor  3 Years            0.2111% PA            1.8361% PAFor  4 years            0.2111% PA            2.0861% PAFor  5 years            0.2111% PA            2.2111% PA--------------------------------------------------------JAPANESE YEN         VALUE 19.10.2020   VALUE 19.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1485% PA            0.6015% PAFor  6 months and over but less than    12 months           0.1485% PA            0.5628% PAFor 12 Months           0.2072% PA            0.6678% PAFor  2 Years            0.2072% PA            1.1678% PAFor  3 Years            0.2072% PA            1.4178% PAFor  4 Years            0.2072% PA            1.6678% PAFor  5 years            0.2072% PA            1.7928% PA========================================================

Copyright Business Recorder, 2020