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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 (January 18, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 18.01.2021   VALUE 18.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0244% PA            0.7256% PA
For  6 months and over but less than
    12 Months           0.0012% PA            0.7513% PA
For 12 months           0.0758% PA            0.9508% PA
For  2 Years            0.0758% PA            1.4508% PA
For  3 Years            0.0758% PA            1.7008% PA
For  4 years            0.0758% PA            1.9508% PA
For  5 years            0.0758% PA            2.0758% PA
--------------------------------------------------------
POUND STERLING       VALUE 18.01.2021   VALUE 18.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2189% PA            0.5311% PA
For  6 months and over but less than
    12 months          -0.2105% PA            0.5395% PA
For 12 Months          -0.1729% PA            0.7021% PA
For  2 Years           -0.1729% PA            1.2021% PA
For  3 Years           -0.1729% PA            1.4521% PA
For  4 years           -0.1729% PA            1.7021% PA
For  5 years           -0.1729% PA            1.8271% PA
--------------------------------------------------------
EURO                 VALUE 18.01.2021   VALUE 18.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3031% PA            1.0531% PA
For  6 months and over but less than
    12 months           0.2846% PA            1.0346% PA
For 12 Months           0.2461% PA            1.1211% PA
For  2 Years            0.2461% PA            1.6211% PA
For  3 Years            0.2461% PA            1.8711% PA
For  4 years            0.2461% PA            2.1211% PA
For  5 years            0.2461% PA            2.2461% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 18.01.2021   VALUE 18.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1743% PA            0.5757% PA
For  6 months and over but less than
    12 months           0.1960% PA            0.5540% PA
For 12 Months           0.2105% PA            0.6645% PA
For  2 Years            0.2105% PA            1.1645% PA
For  3 Years            0.2105% PA            1.4145% PA
For  4 Years            0.2105% PA            1.6645% PA
For  5 years            0.2105% PA            1.7895% PA
========================================================

Copyright Business Recorder, 2021

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