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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 20, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 20.01.2021   VALUE 20.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0260% PA            0.7240% PA
For  6 months and over but less than
    12 Months           0.0143% PA            0.7358% PA
For 12 months           0.0624% PA            0.9374% PA
For  2 Years            0.0624% PA            1.4374% PA
For  3 Years            0.0624% PA            1.6874% PA
For  4 years            0.0624% PA            1.9374% PA
For  5 years            0.0624% PA            2.0624% PA
--------------------------------------------------------
POUND STERLING       VALUE 20.01.2021   VALUE 20.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2214% PA            0.5286% PA
For  6 months and over but less than
    12 months          -0.2111% PA            0.5389% PA
For 12 Months          -0.1760% PA            0.6990% PA
For  2 Years           -0.1760% PA            1.1990% PA
For  3 Years           -0.1760% PA            1.4490% PA
For  4 years           -0.1760% PA            1.6990% PA
For  5 years           -0.1760% PA            1.8240% PA
--------------------------------------------------------
EURO                 VALUE 20.01.2021   VALUE 20.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3053% PA            1.0553% PA
For  6 months and over but less than
    12 months           0.2864% PA            1.0364% PA
For 12 Months           0.2507% PA            1.1257% PA
For  2 Years            0.2507% PA            1.6257% PA
For  3 Years            0.2507% PA            1.8757% PA
For  4 years            0.2507% PA            2.1257% PA
For  5 years            0.2507% PA            2.2507% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 20.01.2021   VALUE 20.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1755% PA            0.5745% PA
For  6 months and over but less than
    12 months           0.1955% PA            0.5545% PA
For 12 Months           0.2073% PA            0.6677% PA
For  2 Years            0.2073% PA            1.1677% PA
For  3 Years            0.2073% PA            1.4177% PA
For  4 Years            0.2073% PA            1.6677% PA
For  5 years            0.2073% PA            1.7927% PA
========================================================

Copyright Business Recorder, 2021

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