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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 (February 8, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 08.02.2021   VALUE 08.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0574% PA            0.6926% PA
For  6 months and over but less than
    12 Months          -0.0275% PA            0.7225% PA
For 12 months           0.0560% PA            0.9310% PA
For  2 Years            0.0560% PA            1.4310% PA
For  3 Years            0.0560% PA            1.6810% PA
For  4 years            0.0560% PA            1.9310% PA
For  5 years            0.0560% PA            2.0560% PA
--------------------------------------------------------
POUND STERLING       VALUE 08.02.2021   VALUE 08.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.2096% PA            0.5404% PA
For  6 months and over but less than
    12 months          -0.2004% PA            0.5496% PA
For 12 Months          -0.1590% PA            0.7160% PA
For  2 Years           -0.1590% PA            1.2160% PA
For  3 Years           -0.1590% PA            1.4660% PA
For  4 years           -0.1590% PA            1.7160% PA
For  5 years           -0.1590% PA            1.8410% PA
--------------------------------------------------------
EURO                 VALUE 08.02.2021   VALUE 08.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3073% PA            1.0573% PA
For  6 months and over but less than
    12 months           0.2893% PA            1.0393% PA
For 12 Months           0.2573% PA            1.1323% PA
For  2 Years            0.2573% PA            1.6323% PA
For  3 Years            0.2573% PA            1.8823% PA
For  4 years            0.2573% PA            2.1323% PA
For  5 years            0.2573% PA            2.2573% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 08.02.2021   VALUE 08.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1553% PA            0.5947% PA
For  6 months and over but less than
    12 months           0.1777% PA            0.5723% PA
For 12 Months           0.2193% PA            0.6557% PA
For  2 Years            0.2193% PA            1.1557% PA
For  3 Years            0.2193% PA            1.4057% PA
For  4 Years            0.2193% PA            1.6557% PA
For  5 years            0.2193% PA            1.7807% PA
========================================================

Copyright Business Recorder, 2021

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