Barclays bid rates and maximum rates for payment of interest

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 (November 23, 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 23.11.2020   VALUE 23.11.2020
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For  3 months and over but less than
     6 months          -0.0374% PA            0.7126% PA
For  6 months and over but less than
    12 Months           0.0055% PA            0.7555% PA
For 12 months           0.0886% PA            0.9636% PA
For  2 Years            0.0886% PA            1.4636% PA
For  3 Years            0.0886% PA            1.7136% PA
For  4 years            0.0886% PA            1.9636% PA
For  5 years            0.0886% PA            2.0886% PA
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POUND STERLING       VALUE 23.11.2020   VALUE 23.11.2020
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For  3 months and over but less than
     6 Months          -0.2029% PA            0.5471% PA
For  6 months and over but less than
    12 months          -0.1885% PA            0.5615% PA
For 12 Months          -0.1145% PA            0.7605% PA
For  2 Years           -0.1145% PA            1.2605% PA
For  3 Years           -0.1145% PA            1.5105% PA
For  4 years           -0.1145% PA            1.7605% PA
For  5 years           -0.1145% PA            1.8855% PA
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EURO                 VALUE 23.11.2020   VALUE 23.11.2020
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For  3 months and over but less than
     6 months           0.2933% PA            1.0433% PA
For  6 months and over but less than
    12 months           0.2689% PA            1.0189% PA
For 12 Months           0.2176% PA            1.0926% PA
For  2 Years            0.2176% PA            1.5926% PA
For  3 Years            0.2176% PA            1.8426% PA
For  4 years            0.2176% PA            2.0926% PA
For  5 years            0.2176% PA            2.2176% PA
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JAPANESE YEN         VALUE 23.11.2020   VALUE 23.11.2020
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For  3 months and over but less than
     6 months           0.1482% PA            0.6018% PA
For  6 months and over but less than
    12 months           0.1907% PA            0.5593% PA
For 12 Months           0.1937% PA            0.6813% PA
For  2 Years            0.1937% PA            1.1813% PA
For  3 Years            0.1937% PA            1.4313% PA
For  4 Years            0.1937% PA            1.6813% PA
For  5 years            0.1937% PA            1.8063% PA
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Copyright Business Recorder, 2020