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 (November 18, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 18.11.2020   VALUE 18.11.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0296% PA            0.7204% PAFor  6 months and over but less than    12 Months          -0.0010% PA            0.7204% PAFor 12 months           0.0896% PA            0.9646% PAFor  2 Years            0.0896% PA            1.4646% PAFor  3 Years            0.0896% PA            1.7146% PAFor  4 years            0.0896% PA            1.9646% PAFor  5 years            0.0896% PA            2.0896% PA--------------------------------------------------------POUND STERLING       VALUE 18.11.2020   VALUE 18.11.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2023% PA            0.5478% PAFor  6 months and over but less than    12 months          -0.1824% PA            0.5676% PAFor 12 Months          -0.1174% PA            0.7576% PAFor  2 Years           -0.1174% PA            1.2576% PAFor  3 Years           -0.1174% PA            1.5076% PAFor  4 years           -0.1174% PA            1.7576% PAFor  5 years           -0.1174% PA            1.8826% PA--------------------------------------------------------EURO                 VALUE 18.11.2020   VALUE 18.11.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2897% PA            1.0397% PAFor  6 months and over but less than    12 months           0.2657% PA            1.0157% 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 18.11.2020   VALUE 18.11.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1473% PA            0.6027% PAFor  6 months and over but less than    12 months           0.1875% PA            0.5625% PAFor 12 Months           0.2000% PA            0.6750% PAFor  2 Years            0.2000% PA            1.1750% PAFor  3 Years            0.2000% PA            1.4250% PAFor  4 Years            0.2000% PA            1.6750% PAFor  5 years            0.2000% PA            1.8000% PA========================================================

Copyright Business Recorder, 2020