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 (November 2, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 02.11.2020   VALUE 02.11.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0356% PA            0.7144% PAFor  6 months and over but less than    12 Months          -0.0071% PA            0.7429% PAFor 12 months           0.0810% PA            0.9560% PAFor  2 Years            0.0810% PA            1.4560% PAFor  3 Years            0.0810% PA            1.7060% PAFor  4 years            0.0810% PA            1.9560% PAFor  5 years            0.0810% PA            2.0810% PA--------------------------------------------------------POUND STERLING       VALUE 02.11.2020   VALUE 02.11.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2013% PA            0.5488% PAFor  6 months and over but less than    12 months          -0.1925% PA            0.5575% PAFor 12 Months          -0.1249% PA            0.7501% PAFor  2 Years           -0.1249% PA            1.2501% PAFor  3 Years           -0.1249% PA            1.5001% PAFor  4 years           -0.1249% PA            1.7501% PAFor  5 years           -0.1249% PA            1.8751% PA--------------------------------------------------------EURO                 VALUE 02.11.2020   VALUE 02.11.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2796% PA            1.0296% PAFor  6 months and over but less than    12 months           0.2710% PA            1.0210% PAFor 12 Months           0.2200% PA            1.0950% PAFor  2 Years            0.2200% PA            1.5950% PAFor  3 Years            0.2200% PA            1.8450% PAFor  4 years            0.2200% PA            2.0950% PAFor  5 years            0.2200% PA            2.2200% PA--------------------------------------------------------JAPANESE YEN         VALUE 02.11.2020   VALUE 02.11.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1480% PA            0.6020% PAFor  6 months and over but less than    12 months           0.1850% PA            0.5650% PAFor 12 Months           0.2045% PA            0.6705% PAFor  2 Years            0.2045% PA            1.1705% PAFor  3 Years            0.2045% PA            1.4205% PAFor  4 Years            0.2045% PA            1.6705% PAFor  5 years            0.2045% PA            1.7955% PA========================================================

Copyright Business Recorder, 2020