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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 (January 22, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 22.01.2021   VALUE 22.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0276% PA            0.7224% PA
For  6 months and over but less than
    12 Months          -0.0121% PA            0.7379% PA
For 12 months           0.0673% PA            0.9423% PA
For  2 Years            0.0673% PA            1.4423% PA
For  3 Years            0.0673% PA            1.6923% PA
For  4 years            0.0673% PA            1.9423% PA
For  5 years            0.0673% PA            2.0673% PA
--------------------------------------------------------
POUND STERLING       VALUE 22.01.2021   VALUE 22.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2166% PA            0.5334% PA
For  6 months and over but less than
    12 months          -0.2079% PA            0.5421% PA
For 12 Months          -0.1685% PA            0.7065% PA
For  2 Years           -0.1685% PA            1.2065% PA
For  3 Years           -0.1685% PA            1.4565% PA
For  4 years           -0.1685% PA            1.7065% PA
For  5 years           -0.1685% PA            1.8315% PA
--------------------------------------------------------
EURO                 VALUE 22.01.2021   VALUE 22.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3016% PA            1.0516% PA
For  6 months and over but less than
    12 months           0.2859% PA            1.0359% PA
For 12 Months           0.2490% PA            1.1240% PA
For  2 Years            0.2490% PA            1.6240% PA
For  3 Years            0.2490% PA            1.8740% PA
For  4 years            0.2490% PA            2.1240% PA
For  5 years            0.2490% PA            2.2490% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 22.01.2021   VALUE 22.01.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1787% PA            0.5713% PA
For  6 months and over but less than
    12 months           0.1913% PA            0.5587% PA
For 12 Months           0.2135% PA            0.6615% PA
For  2 Years            0.2135% PA            1.1615% PA
For  3 Years            0.2135% PA            1.4115% PA
For  4 Years            0.2135% PA            1.6615% PA
For  5 years            0.2135% PA            1.7865% PA
========================================================

Copyright Business Recorder, 2021

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