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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 (February 17, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 17.02.2021   VALUE 17.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0585% PA            0.6915% PA
For  6 months and over but less than
    12 Months          -0.0451% PA            0.7049% PA
For 12 months           0.0505% PA            0.9255% PA
For  2 Years            0.0505% PA            1.4255% PA
For  3 Years            0.0505% PA            1.6755% PA
For  4 years            0.0505% PA            1.9255% PA
For  5 years            0.0505% PA            2.0505% PA
--------------------------------------------------------
POUND STERLING       VALUE 17.02.2021   VALUE 17.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1979% PA            0.5521% PA
For  6 months and over but less than
    12 months          -0.1796% PA            0.5704% PA
For 12 Months          -0.1271% PA            0.7479% PA
For  2 Years           -0.1271% PA            1.2479% PA
For  3 Years           -0.1271% PA            1.4979% PA
For  4 years           -0.1271% PA            1.7479% PA
For  5 years           -0.1271% PA            1.8729% PA
--------------------------------------------------------
EURO                 VALUE 17.02.2021   VALUE 17.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3013% PA            1.0513% PA
For  6 months and over but less than
    12 months           0.2903% PA            1.0403% 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 17.02.2021   VALUE 17.02.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1653% PA            0.5847% PA
For  6 months and over but less than
    12 months           0.1992% PA            0.5508% PA
For 12 Months          -0.2112% PA            0.6638% PA
For  2 Years           -0.2112% PA            1.1638% PA
For  3 Years           -0.2112% PA            1.4138% PA
For  4 Years           -0.2112% PA            1.6638% PA
For  5 years           -0.2112% PA            1.7888% PA
========================================================

Copyright Business Recorder, 2021

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