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 (December 11, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 11.12.2020   VALUE 11.12.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0294% PA            0.7206% PAFor  6 months and over but less than    12 Months           0.0007% PA            0.7508% PAFor 12 months           0.0859% PA            0.9609% PAFor  2 Years            0.0859% PA            1.4609% PAFor  3 Years            0.0859% PA            1.7109% PAFor  4 years            0.0859% PA            1.9609% PAFor  5 years            0.0859% PA            2.0859% PA--------------------------------------------------------POUND STERLING       VALUE 11.12.2020   VALUE 11.12.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2131% PA            0.5369% PAFor  6 months and over but less than    12 months          -0.2105% PA            0.5395% PAFor 12 Months          -0.1378% PA            0.7373% PAFor  2 Years           -0.1378% PA            1.2373% PAFor  3 Years           -0.1378% PA            1.4873% PAFor  4 years           -0.1378% PA            1.7373% PAFor  5 years           -0.1378% PA            1.8623% PA--------------------------------------------------------EURO                 VALUE 11.12.2020   VALUE 11.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.3186% PA            1.0686% PAFor  6 months and over but less than    12 months           0.2837% PA            1.0337% PAFor 12 Months           0.2470% PA            1.1220% PAFor  2 Years            0.2470% PA            1.6220% PAFor  3 Years            0.2470% PA            1.8720% PAFor  4 years            0.2470% PA            2.1220% PAFor  5 years            0.2470% PA            2.2470% PA--------------------------------------------------------JAPANESE YEN         VALUE 11.12.2020   VALUE 11.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1460% PA            0.6040% PAFor  6 months and over but less than    12 months           0.1883% PA            0.5617% PAFor 12 Months           0.1990% PA            0.6760% PAFor  2 Years            0.1990% PA            1.1760% PAFor  3 Years            0.1990% PA            1.4260% PAFor  4 Years            0.1990% PA            1.6760% PAFor  5 years            0.1990% PA            1.8010% PA========================================================

Copyright Business Recorder, 2020