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 Monday (July 12, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 12.07.2021   VALUE 12.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1310% PA            0.6190% PAFor  6 months and over but less than    12 Months           0.0930% PA            0.6570% PAFor 12 months          -0.0111% PA            0.8639% PAFor  2 Years           -0.0111% PA            1.3639% PAFor  3 Years           -0.0111% PA            1.6139% PAFor  4 years           -0.0111% PA            1.8639% PAFor  5 years           -0.0111% PA            1.9889% PA--------------------------------------------------------POUND STERLING       VALUE 12.07.2021   VALUE 12.07.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1731% PA            0.5769% PAFor  6 months and over but less than    12 months           0.1510% PA            0.5990% PAFor 12 Months           0.0814% PA            0.7936% PAFor  2 Years            0.0814% PA            1.2936% PAFor  3 Years            0.0814% PA            1.5436% PAFor  4 years            0.0814% PA            1.7936% PAFor  5 years            0.0814% PA            1.9186% PA--------------------------------------------------------EURO                 VALUE 12.07.2021   VALUE 12.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.3021% PA            1.0521% PAFor  6 months and over but less than    12 months           0.2797% PA            1.0297% PAFor 12 Months           0.2414% PA            1.1164% PAFor  2 Years            0.2414% PA            1.6164% PAFor  3 Years            0.2414% PA            1.8664% PAFor  4 years            0.2414% PA            2.1164% PAFor  5 years            0.2414% PA            2.2414% PA--------------------------------------------------------JAPANESE YEN         VALUE 12.07.2021   VALUE 12.07.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1738% PA            0.5762% PAFor  6 months and over but less than    12 months          -0.1842% PA            0.5658% PAFor 12 Months          -0.2045% PA            0.6705% PAFor  2 Years           -0.2045% PA            1.1705% PAFor  3 Years           -0.2045% PA            1.4205% PAFor  4 Years           -0.2045% PA            1.6705% PAFor  5 years           -0.2045% PA            1.7955% PA========================================================

Copyright Business Recorder, 2021