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 (July 7, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 07.07.2021   VALUE 07.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1120% PA            0.6380% PAFor  6 months and over but less than    12 Months           0.0875% PA            0.6625% PAFor 12 months          -0.0088% PA            0.8663% PAFor  2 Years           -0.0088% PA            1.3663% PAFor  3 Years           -0.0088% PA            1.6163% PAFor  4 years           -0.0088% PA            1.8663% PAFor  5 years           -0.0088% PA            1.9913% PA--------------------------------------------------------POUND STERLING       VALUE 07.07.2021   VALUE 07.07.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1710% PA            0.5790% PAFor  6 months and over but less than    12 months           0.1448% PA            0.6053% PAFor 12 Months           0.0784% PA            0.7966% PAFor  2 Years            0.0784% PA            1.2966% PAFor  3 Years            0.0784% PA            1.5466% PAFor  4 years            0.0784% PA            1.7966% PAFor  5 years            0.0784% PA            1.9216% PA--------------------------------------------------------EURO                 VALUE 07.07.2021   VALUE 07.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2956% PA            1.0456% PAFor  6 months and over but less than    12 months           0.2821% PA            1.0321% PAFor 12 Months           0.2376% PA            1.1126% PAFor  2 Years            0.2376% PA            1.6126% PAFor  3 Years            0.2376% PA            1.8626% PAFor  4 years            0.2376% PA            2.1126% PAFor  5 years            0.2376% PA            2.2376% PA--------------------------------------------------------JAPANESE YEN         VALUE 07.07.2021   VALUE 07.07.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1745% PA            0.5755% PAFor  6 months and over but less than    12 months          -0.1845% PA            0.5655% PAFor 12 Months          -0.2038% PA            0.6712% PAFor  2 Years           -0.2038% PA            1.1712% PAFor  3 Years           -0.2038% PA            1.4212% PAFor  4 Years           -0.2038% PA            1.6712% PAFor  5 years           -0.2038% PA            1.7962% PA========================================================

Copyright Business Recorder, 2021