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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 Wednesday (January 13, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 13.01.2021   VALUE 13.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0255% PA            0.7245% PA
For  6 months and over but less than
    12 Months           0.0002% PA            0.7503% PA
For 12 months           0.0769% PA            0.9519% PA
For  2 Years            0.0769% PA            1.4519% PA
For  3 Years            0.0769% PA            1.7019% PA
For  4 years            0.0769% PA            1.9519% PA
For  5 years            0.0769% PA            2.0769% PA
--------------------------------------------------------
POUND STERLING       VALUE 13.01.2021   VALUE 13.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2225% PA            0.5275% PA
For  6 months and over but less than
    12 months          -0.2158% PA            0.5343% PA
For 12 Months          -0.1799% PA            0.6951% PA
For  2 Years           -0.1799% PA            1.1951% PA
For  3 Years           -0.1799% PA            1.4451% PA
For  4 years           -0.1799% PA            1.6951% PA
For  5 years           -0.1799% PA            1.8201% PA
--------------------------------------------------------
EURO                 VALUE 13.01.2021   VALUE 13.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3147% PA            1.0647% PA
For  6 months and over but less than
    12 months           0.2844% PA            1.0344% PA
For 12 Months           0.2443% PA            1.1193% PA
For  2 Years            0.2443% PA            1.6193% PA
For  3 Years            0.2443% PA            1.8693% PA
For  4 years            0.2443% PA            2.1193% PA
For  5 years            0.2443% PA            2.2443% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 13.01.2021   VALUE 13.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1728% PA            0.5772% PA
For  6 months and over but less than
    12 months           0.1937% PA            0.5563% PA
For 12 Months           0.2053% PA            0.6697% PA
For  2 Years            0.2053% PA            1.1697% PA
For  3 Years            0.2053% PA            1.4197% PA
For  4 Years            0.2053% PA            1.6697% PA
For  5 years            0.2053% PA            1.7947% PA
========================================================

Copyright Business Recorder, 2021