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 (July 2, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 02.07.2021   VALUE 02.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1043% PA            0.6458% PAFor  6 months and over but less than    12 Months           0.0905% PA            0.6595% PAFor 12 months          -0.0038% PA            0.8713% PAFor  2 Years           -0.0038% PA            1.3713% PAFor  3 Years           -0.0038% PA            1.6213% PAFor  4 years           -0.0038% PA            1.8713% PAFor  5 years           -0.0038% PA            1.9963% PA--------------------------------------------------------POUND STERLING       VALUE 02.07.2021   VALUE 02.07.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1721% PA            0.5779% PAFor  6 months and over but less than    12 months           0.1420% PA            0.6080% PAFor 12 Months           0.0695% PA            0.8055% PAFor  2 Years            0.0695% PA            1.3055% PAFor  3 Years            0.0695% PA            1.5555% PAFor  4 years            0.0695% PA            1.8055% PAFor  5 years            0.0695% PA            1.9305% PA--------------------------------------------------------EURO                 VALUE 02.07.2021   VALUE 02.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.3011% PA            1.0511% PAFor  6 months and over but less than    12 months           0.2813% PA            1.0313% PAFor 12 Months           0.2367% PA            1.1117% PAFor  2 Years            0.2367% PA            1.6117% PAFor  3 Years            0.2367% PA            1.8617% PAFor  4 years            0.2367% PA            2.1117% PAFor  5 years            0.2367% PA            2.2367% PA--------------------------------------------------------JAPANESE YEN         VALUE 02.07.2021   VALUE 02.07.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1725% PA            0.5775% PAFor  6 months and over but less than    12 months          -0.1848% PA            0.5652% PAFor 12 Months          -0.2047% PA            0.6703% PAFor  2 Years           -0.2047% PA            1.1703% PAFor  3 Years           -0.2047% PA            1.4203% PAFor  4 Years           -0.2047% PA            1.6703% PAFor  5 years           -0.2047% PA            1.7953% PA========================================================

Copyright Business Recorder, 2021