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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 Thursday (February 4, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 04.02.2021   VALUE 04.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0578% PA            0.6923% PA
For  6 months and over but less than
    12 Months          -0.0329% PA            0.7171% PA
For 12 months           0.0541% PA            0.9291% PA
For  2 Years            0.0541% PA            1.4291% PA
For  3 Years            0.0541% PA            1.6791% PA
For  4 years            0.0541% PA            1.9291% PA
For  5 years            0.0541% PA            2.0541% PA
--------------------------------------------------------
POUND STERLING       VALUE 04.02.2021   VALUE 04.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2101% PA            0.5399% PA
For  6 months and over but less than
    12 months          -0.2028% PA            0.5473% PA
For 12 Months          -0.1586% PA            0.7164% PA
For  2 Years           -0.1586% PA            1.2164% PA
For  3 Years           -0.1586% PA            1.4664% PA
For  4 years           -0.1586% PA            1.7164% PA
For  5 years           -0.1586% PA            1.8414% PA
--------------------------------------------------------
EURO                 VALUE 04.02.2021   VALUE 04.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2960% PA            1.0460% PA
For  6 months and over but less than
    12 months           0.2873% PA            1.0373% PA
For 12 Months           0.2597% PA            1.1347% PA
For  2 Years            0.2597% PA            1.6347% PA
For  3 Years            0.2597% PA            1.8847% PA
For  4 years            0.2597% PA            2.1347% PA
For  5 years            0.2597% PA            2.2597% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 04.02.2021   VALUE 04.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1558% PA            0.5942% PA
For  6 months and over but less than
    12 months           0.1903% PA            0.5597% PA
For 12 Months           0.2097% PA            0.6653% PA
For  2 Years            0.2097% PA            1.1653% PA
For  3 Years            0.2097% PA            1.4153% PA
For  4 Years            0.2097% PA            1.6653% PA
For  5 years            0.2097% PA            1.7903% PA
========================================================

Copyright Business Recorder, 2021

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