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 21, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 21.10.2020   VALUE 21.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0414% PA            0.7086% PAFor  6 months and over but less than    12 Months           0.0042% PA            0.7543% PAFor 12 months           0.0898% PA            0.9648% PAFor  2 Years            0.0898% PA            1.4648% PAFor  3 Years            0.0898% PA            1.7148% PAFor  4 years            0.0898% PA            1.9648% PAFor  5 years            0.0898% PA            2.0898% PA--------------------------------------------------------POUND STERLING       VALUE 21.10.2020   VALUE 21.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2024% PA            0.5476% PAFor  6 months and over but less than    12 months          -0.1775% PA            0.5725% PAFor 12 Months          -0.1228% PA            0.7523% PAFor  2 Years           -0.1228% PA            1.2523% PAFor  3 Years           -0.1228% PA            1.5023% PAFor  4 years           -0.1228% PA            1.7523% PAFor  5 years           -0.1228% PA            1.8773% PA--------------------------------------------------------EURO                 VALUE 21.10.2020   VALUE 21.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2859% PA            1.0359% PAFor  6 months and over but less than    12 months           0.2619% PA            0.0119% PAFor 12 Months           0.2136% PA            1.0886% PAFor  2 Years            0.2136% PA            1.5886% PAFor  3 Years            0.2136% PA            1.8386% PAFor  4 years            0.2136% PA            2.0886% PAFor  5 years            0.2136% PA            2.2136% PA--------------------------------------------------------JAPANESE YEN         VALUE 21.10.2020   VALUE 21.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1487% PA            0.6013% PAFor  6 months and over but less than    12 months           0.1893% PA            0.5607% PAFor 12 Months           0.2068% PA            0.6682% PAFor  2 Years            0.2068% PA            1.1682% PAFor  3 Years            0.2068% PA            1.4182% PAFor  4 Years            0.2068% PA            1.6682% PAFor  5 years            0.2068% PA            1.7932% PA========================================================

Copyright Business Recorder, 2020