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 Tuesday (December 22, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 22.12.2020   VALUE 22.12.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0143% PA            0.7358% PAFor  6 months and over but less than    12 Months           0.0085% PA            0.7585% PAFor 12 months           0.0840% PA            0.9590% PAFor  2 Years            0.0840% PA            1.4590% PAFor  3 Years            0.0840% PA            1.7090% PAFor  4 years            0.0840% PA            1.9590% PAFor  5 years            0.0840% PA            2.0840% PA--------------------------------------------------------POUND STERLING       VALUE 22.12.2020   VALUE 22.12.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2130% PA            0.5370% PAFor  6 months and over but less than    12 months          -0.2159% PA            0.5341% PAFor 12 Months          -0.1393% PA            0.7358% PAFor  2 Years           -0.1393% PA            1.2358% PAFor  3 Years           -0.1393% PA            1.4858% PAFor  4 years           -0.1393% PA            1.7368% PAFor  5 years           -0.1393% PA            1.8608% PA--------------------------------------------------------EURO                 VALUE 22.12.2020   VALUE 22.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.3183% PA            1.0683% PAFor  6 months and over but less than    12 months           0.2866% PA            1.0366% PAFor 12 Months           0.2316% PA            1.1066% PAFor  2 Years            0.2316% PA            1.6066% PAFor  3 Years            0.2316% PA            1.8566% PAFor  4 years            0.2316% PA            2.1066% PAFor  5 years            0.2316% PA            2.2316% PA--------------------------------------------------------JAPANESE YEN         VALUE 22.12.2020   VALUE 22.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1538% PA            0.5962% PAFor  6 months and over but less than    12 months           0.1880% PA            0.5620% PAFor 12 Months           0.1957% PA            0.6793% PAFor  2 Years            0.1957% PA            1.1793% PAFor  3 Years            0.1957% PA            1.4293% PAFor  4 Years            0.1957% PA            1.6793% PAFor  5 years            0.1957% PA            1.8043% PA========================================================

Copyright Business Recorder, 2020