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 (May 7, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 07.05.2021   VALUE 07.05.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.0801% PA            0.6699% PAFor  6 months and over but less than    12 Months          -0.0494% PA            0.7006% PAFor 12 months           0.0290% PA            0.9040% PAFor  2 Years            0.0290% PA            1.4040% PAFor  3 Years            0.0290% PA            1.6540% PAFor  4 years            0.0290% PA            1.9040% PAFor  5 years            0.0290% PA            2.0290% PA--------------------------------------------------------POUND STERLING       VALUE 07.05.2021   VALUE 07.05.2021--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1668% PA            0.5833% PAFor  6 months and over but less than    12 months          -0.1379% PA            0.6121% PAFor 12 Months          -0.0884% PA            0.7866% PAFor  2 Years           -0.0884% PA            1.2866% PAFor  3 Years           -0.0884% PA            1.5366% PAFor  4 years           -0.0884% PA            1.7866% PAFor  5 years           -0.0884% PA            1.9116% PA--------------------------------------------------------EURO                 VALUE 07.05.2021   VALUE 07.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2923% PA            1.0423% PAFor  6 months and over but less than    12 months           0.2734% PA            1.0234% PAFor 12 Months           0.2461% PA            1.1211% PAFor  2 Years            0.2461% PA            1.6211% PAFor  3 Years            0.2461% PA            1.8711% PAFor  4 years            0.2461% PA            2.1211% PAFor  5 years            0.2461% PA            2.2461% PA--------------------------------------------------------JAPANESE YEN         VALUE 07.05.2021   VALUE 07.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1650% PA            0.5850% PAFor  6 months and over but less than    12 months           0.2062% PA            0.5438% PAFor 12 Months          -0.2007% PA            0.6743% PAFor  2 Years           -0.2007% PA            1.1743% PAFor  3 Years           -0.2007% PA            1.4243% PAFor  4 Years           -0.2007% PA            1.6743% PAFor  5 years           -0.2007% PA            1.7993% PA========================================================

Copyright Business Recorder, 2021