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 Friday (October 23, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 23.10.2020   VALUE 23.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0409% PA            0.7091% PAFor  6 months and over but less than    12 Months           0.0040% PA            0.7460% PAFor 12 months           0.0849% PA            0.9599% PAFor  2 Years            0.0849% PA            1.4599% PAFor  3 Years            0.0849% PA            1.7099% PAFor  4 years            0.0849% PA            1.9599% PAFor  5 years            0.0849% PA            2.0849% PA--------------------------------------------------------POUND STERLING       VALUE 23.10.2020   VALUE 23.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2019% PA            0.5481% PAFor  6 months and over but less than    12 months          -0.1818% PA            0.5683% PAFor 12 Months          -0.1281% PA            0.7469% PAFor  2 Years           -0.1281% PA            1.2469% PAFor  3 Years           -0.1281% PA            1.4969% PAFor  4 years           -0.1281% PA            1.7469% PAFor  5 years           -0.1281% PA            1.8719% PA--------------------------------------------------------EURO                 VALUE 23.10.2020   VALUE 23.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2697% PA            1.0197% PAFor  6 months and over but less than    12 months           0.2554% PA            0.0054% PAFor 12 Months           0.2094% PA            1.0844% PAFor  2 Years            0.2094% PA            1.5844% PAFor  3 Years            0.2094% PA            1.8344% PAFor  4 years            0.2094% PA            2.0844% PAFor  5 years            0.2094% PA            2.2094% PA--------------------------------------------------------JAPANESE YEN         VALUE 23.10.2020   VALUE 23.10.2020--------------------------------------------------------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           0.1907% PA            0.5593% PAFor 12 Months           0.2032% PA            0.6718% PAFor  2 Years            0.2032% PA            1.1718% PAFor  3 Years            0.2032% PA            1.4218% PAFor  4 Years            0.2032% PA            1.6718% PAFor  5 years            0.2032% PA            1.7968% PA========================================================

Copyright Business Recorder, 2020