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 28, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 28.10.2020   VALUE 28.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0278% PA            0.7223% PAFor  6 months and over but less than    12 Months          -0.0038% PA            0.7463% PAFor 12 months           0.0820% PA            0.9570% PAFor  2 Years            0.0820% PA            1.4570% PAFor  3 Years            0.0820% PA            1.7070% PAFor  4 years            0.0820% PA            1.9570% PAFor  5 years            0.0820% PA            2.0820% PA--------------------------------------------------------POUND STERLING       VALUE 28.10.2020   VALUE 28.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2036% PA            0.5464% PAFor  6 months and over but less than    12 months          -0.1781% PA            0.5719% PAFor 12 Months          -0.1185% PA            0.7565% PAFor  2 Years           -0.1185% PA            1.2565% PAFor  3 Years           -0.1185% PA            1.5065% PAFor  4 years           -0.1185% PA            1.7565% PAFor  5 years           -0.1185% PA            1.8815% PA--------------------------------------------------------EURO                 VALUE 28.10.2020   VALUE 28.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2777% PA            1.0277% PAFor  6 months and over but less than    12 months           0.2570% PA            1.0070% PAFor 12 Months           0.2071% PA            1.0821% PAFor  2 Years            0.2071% PA            1.5821% PAFor  3 Years            0.2071% PA            1.8321% PAFor  4 years            0.2071% PA            2.0821% PAFor  5 years            0.2071% PA            2.2071% PA--------------------------------------------------------JAPANESE YEN         VALUE 28.10.2020   VALUE 28.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1492% PA            0.6008% PAFor  6 months and over but less than    12 months           0.1892% PA            0.5608% PAFor 12 Months           0.2033% PA            0.6717% PAFor  2 Years            0.2033% PA            1.1717% PAFor  3 Years            0.2033% PA            1.4217% PAFor  4 Years            0.2033% PA            1.6717% PAFor  5 years            0.2033% PA            1.7967% PA========================================================

Copyright Business Recorder, 2020