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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 24, 2020).
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INTEREST PAYABLE ON FE DEPOSITS
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BBA BID MAXIMUM RATES
RATES FOR PAYMENT OF
INTEREST BY
AUTHORISED
DEALERS
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U.S. DOLLARS VALUE 24.08.2020 VALUE 24.08.2020
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For 3 months and over but less than
6 months 0.0061% PA 0.7561% PA
For 6 months and over but less than
12 Months 0.0486% PA 0.7986% PA
For 12 months 0.1906% PA 1.0656% PA
For 2 Years 0.1906% PA 1.5656% PA
For 3 Years 0.1906% PA 1.8156% PA
For 4 years 0.1906% PA 2.0656% PA
For 5 years 0.1906% PA 2.1906% PA
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POUND STERLING VALUE 24.08.2020 VALUE 24.08.2020
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For 3 months and over but less than
6 Months -0.1818% PA 0.5683% PA
For 6 months and over but less than
12 months -0.1333% PA 0.6168% PA
For 12 Months 0.0077% PA 0.8828% PA
For 2 Years 0.0077% PA 1.3828% PA
For 3 Years 0.0077% PA 1.6328% PA
For 4 years 0.0077% PA 1.8828% PA
For 5 years 0.0077% PA 2.0078% PA
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EURO VALUE 24.08.2020 VALUE 24.08.2020
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For 3 months and over but less than
6 months 0.2649% PA 1.0149% PA
For 6 months and over but less than
12 months 0.2204% PA 0.9704% PA
For 12 Months 0.1104% PA 0.9854% PA
For 2 Years 0.1104% PA 1.4854% PA
For 3 Years 0.1104% PA 1.7354% PA
For 4 years 0.1104% PA 1.9854% PA
For 5 years 0.1104% PA 2.1104% PA
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JAPANESE YEN VALUE 24.08.2020 VALUE 24.08.2020
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For 3 months and over but less than
6 months 0.1982% PA 0.5518% PA
For 6 months and over but less than
12 months 0.2087% PA 0.5413% PA
For 12 Months 0.1412% PA 0.7338% PA
For 2 Years 0.1412% PA 1.2338% PA
For 3 Years 0.1412% PA 1.4838% PA
For 4 Years 0.1412% PA 1.7338% PA
For 5 years 0.1412% PA 1.8588% PA
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Copyright Business Recorder, 2020
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