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 Thursday (October 22, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 22.10.2020   VALUE 22.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0343% PA            0.7158% PAFor  6 months and over but less than    12 Months           0.0019% PA            0.7519% PAFor 12 months           0.0871% PA            0.9621% PAFor  2 Years            0.0871% PA            1.4621% PAFor  3 Years            0.0871% PA            1.7121% PAFor  4 years            0.0871% PA            1.9621% PAFor  5 years            0.0871% PA            2.0871% PA--------------------------------------------------------POUND STERLING       VALUE 22.10.2020   VALUE 22.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2018% PA            0.5483% PAFor  6 months and over but less than    12 months          -0.1795% PA            0.5705% PAFor 12 Months          -0.1301% PA            0.7449% PAFor  2 Years           -0.1301% PA            1.2449% PAFor  3 Years           -0.1301% PA            1.4949% PAFor  4 years           -0.1301% PA            1.7449% PAFor  5 years           -0.1301% PA            1.8699% PA--------------------------------------------------------EURO                 VALUE 22.10.2020   VALUE 22.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2831% PA            1.0331% PAFor  6 months and over but less than    12 months           0.2604% PA            0.0104% 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 22.10.2020   VALUE 22.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1488% PA            0.6012% PAFor  6 months and over but less than    12 months           0.1895% PA            0.5605% PAFor 12 Months           0.2052% PA            0.6698% PAFor  2 Years            0.2052% PA            1.1698% PAFor  3 Years            0.2052% PA            1.4198% PAFor  4 Years            0.2052% PA            1.6698% PAFor  5 years            0.2052% PA            1.7948% PA========================================================

Copyright Business Recorder, 2020