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 (August 16, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 16.08.2021   VALUE 16.08.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1253% PA            0.6248% PAFor  6 months and over but less than    12 Months           0.0926% PA            0.6574% PAFor 12 months          -0.0101% PA            0.8649% PAFor  2 Years           -0.0101% PA            1.3649% PAFor  3 Years           -0.0101% PA            1.6149% PAFor  4 years           -0.0101% PA            1.8649% PAFor  5 years           -0.0101% PA            1.9899% PA--------------------------------------------------------POUND STERLING       VALUE 16.08.2021   VALUE 16.08.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1809% PA            0.5691% PAFor  6 months and over but less than    12 months           0.1546% PA            0.5954% PAFor 12 Months           0.0345% PA            0.8405% PAFor  2 Years            0.0345% PA            1.3405% PAFor  3 Years            0.0345% PA            1.5905% PAFor  4 years            0.0345% PA            1.8405% PAFor  5 years            0.0345% PA            1.9655% PA--------------------------------------------------------EURO                 VALUE 16.08.2021   VALUE 16.08.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.3083% PA            1.0583% PAFor  6 months and over but less than    12 months           0.2879% PA            1.0379% PAFor 12 Months           0.2513% PA            1.1263% PAFor  2 Years            0.2513% PA            1.6263% PAFor  3 Years            0.2513% PA            1.8763% PAFor  4 years            0.2513% PA            2.1263% PAFor  5 years            0.2513% PA            2.2513% PA--------------------------------------------------------JAPANESE YEN         VALUE 16.08.2021   VALUE 16.08.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1513% PA            0.5987% PAFor  6 months and over but less than    12 months          -0.1860% PA            0.5640% PAFor 12 Months          -0.1943% PA            0.6807% PAFor  2 Years           -0.1943% PA            1.1807% PAFor  3 Years           -0.1943% PA            1.4307% PAFor  4 Years           -0.1943% PA            1.6807% PAFor  5 years           -0.1943% PA            1.8057% PA========================================================

Copyright Business Recorder, 2021