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 16, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 16.07.2021   VALUE 16.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1236% PA            0.6264% PAFor  6 months and over but less than    12 Months           0.0993% PA            0.6508% PAFor 12 months          -0.0070% PA            0.8680% PAFor  2 Years           -0.0070% PA            1.3680% PAFor  3 Years           -0.0070% PA            1.6180% PAFor  4 years           -0.0070% PA            1.8680% PAFor  5 years           -0.0070% PA            1.9930% PA--------------------------------------------------------POUND STERLING       VALUE 16.07.2021   VALUE 16.07.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1705% PA            0.5795% PAFor  6 months and over but less than    12 months           0.1555% PA            0.5945% PAFor 12 Months           0.0718% PA            0.8033% PAFor  2 Years            0.0718% PA            1.3033% PAFor  3 Years            0.0718% PA            1.5533% PAFor  4 years            0.0718% PA            1.8033% PAFor  5 years            0.0718% PA            1.9283% PA--------------------------------------------------------EURO                 VALUE 16.07.2021   VALUE 16.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.3039% PA            1.0539% PAFor  6 months and over but less than    12 months           0.2767% PA            1.0267% PAFor 12 Months           0.2360% PA            1.1110% PAFor  2 Years            0.2360% PA            1.6110% PAFor  3 Years            0.2360% PA            1.8610% PAFor  4 years            0.2360% PA            2.1110% PAFor  5 years            0.2360% PA            2.2360% PA--------------------------------------------------------JAPANESE YEN         VALUE 16.07.2021   VALUE 16.07.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1675% PA            0.5825% PAFor  6 months and over but less than    12 months          -0.1800% PA            0.5700% PAFor 12 Months          -0.2048% PA            0.6702% PAFor  2 Years           -0.2048% PA            1.1702% PAFor  3 Years           -0.2048% PA            1.4202% PAFor  4 Years           -0.2048% PA            1.6702% PAFor  5 years           -0.2048% PA            1.7952% PA========================================================

Copyright Business Recorder, 2021