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 Friday (November 6, 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 06.11.2020   VALUE 06.11.2020
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For  3 months and over but less than
     6 months          -0.0178% PA            0.7323% PA
For  6 months and over but less than
    12 Months          -0.0063% PA            0.7438% PA
For 12 months           0.0831% PA            0.9581% PA
For  2 Years            0.0831% PA            1.4581% PA
For  3 Years            0.0831% PA            1.7081% PA
For  4 years            0.0831% PA            1.9581% PA
For  5 years            0.0831% PA            2.0831% PA
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POUND STERLING       VALUE 06.11.2020   VALUE 06.11.2020
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For  3 months and over but less than
     6 Months          -0.2063% PA            0.5438% PA
For  6 months and over but less than
    12 months          -0.1955% PA            0.5545% PA
For 12 Months          -0.1306% PA            0.7444% PA
For  2 Years           -0.1306% PA            1.2444% PA
For  3 Years           -0.1306% PA            1.4944% PA
For  4 years           -0.1306% PA            1.7444% PA
For  5 years           -0.1306% PA            1.8694% PA
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EURO                 VALUE 06.11.2020   VALUE 06.11.2020
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For  3 months and over but less than
     6 months           0.2949% PA            1.0449% PA
For  6 months and over but less than
    12 months           0.2751% PA            1.0251% PA
For 12 Months           0.2244% PA            1.0994% PA
For  2 Years            0.2244% PA            1.5994% PA
For  3 Years            0.2244% PA            1.8494% PA
For  4 years            0.2244% PA            2.0994% PA
For  5 years            0.2244% PA            2.2244% PA
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JAPANESE YEN         VALUE 06.11.2020   VALUE 06.11.2020
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For  3 months and over but less than
     6 months           0.1477% PA            0.6023% PA
For  6 months and over but less than
    12 months           0.1822% PA            0.5678% PA
For 12 Months           0.2082% PA            0.6668% PA
For  2 Years            0.2082% PA            1.1668% PA
For  3 Years            0.2082% PA            1.4168% PA
For  4 Years            0.2082% PA            1.6668% PA
For  5 years            0.2082% PA            1.7918% PA
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Copyright Business Recorder, 2020