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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 Friday (July 10, 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 10.07.2020 VALUE 10.07.2020
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For 3 months and over but less than
6 months 0.0229% PA 0.7729% PA
For 6 months and over but less than
12 Months 0.1034% PA 0.8534% PA
For 12 months 0.2381% PA 1.1131% PA
For 2 Years 0.2381% PA 1.6131% PA
For 3 Years 0.2381% PA 1.8631% PA
For 4 years 0.2381% PA 2.1131% PA
For 5 years 0.2381% PA 2.2381% PA
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POUND STERLING VALUE 10.07.2020 VALUE 10.07.2020
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For 3 months and over but less than
6 Months -0.1346% PA 0.6154% PA
For 6 months and over but less than
12 months 0.0054% PA 0.7554% PA
For 12 Months 0.1334% PA 1.0084% PA
For 2 Years 0.1334% PA 1.5084% PA
For 3 Years 0.1334% PA 1.7584% PA
For 4 years 0.1334% PA 2.0084% PA
For 5 years 0.1334% PA 2.1334% PA
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EURO VALUE 10.07.2020 VALUE 10.07.2020
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For 3 months and over but less than
6 months 0.1816% PA 0.9316% PA
For 6 months and over but less than
12 months 0.0861% PA 0.8361% PA
For 12 Months 0.0024% PA 0.8774% PA
For 2 Years 0.0024% PA 1.3774% PA
For 3 Years 0.0024% PA 1.6274% PA
For 4 years 0.0024% PA 1.8774% PA
For 5 years 0.0024% PA 2.0024% PA
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JAPANESE YEN VALUE 10.07.2020 VALUE 10.07.2020
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For 3 months and over but less than
6 months 0.2008% PA 0.5492% PA
For 6 months and over but less than
12 months 0.2203% PA 0.5297% PA
For 12 Months 0.1520% PA 0.7230% PA
For 2 Years 0.1520% PA 1.2230% PA
For 3 Years 0.1520% PA 1.4730% PA
For 4 Years 0.1520% PA 1.7230% PA
For 5 years 0.1520% PA 1.8480% PA
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Copyright Business Recorder, 2020
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