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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 (March 1, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 01.03.2021   VALUE 01.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0595% PA            0.6905% PA
For  6 months and over but less than
    12 Months          -0.0494% PA            0.7006% PA
For 12 months           0.0303% PA            0.9053% PA
For  2 Years            0.0303% PA            1.4053% PA
For  3 Years            0.0303% PA            1.6553% PA
For  4 years            0.0303% PA            1.9053% PA
For  5 years            0.0303% PA            2.0303% PA
--------------------------------------------------------
POUND STERLING       VALUE 01.03.2021   VALUE 01.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1873% PA            0.5628% PA
For  6 months and over but less than
    12 months          -0.1668% PA            0.5833% PA
For 12 Months          -0.1108% PA            0.7643% PA
For  2 Years           -0.1108% PA            1.2643% PA
For  3 Years           -0.1108% PA            1.5143% PA
For  4 years           -0.1108% PA            1.7643% PA
For  5 years           -0.1108% PA            1.8893% PA
--------------------------------------------------------
EURO                 VALUE 01.03.2021   VALUE 01.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3027% PA            1.0527% PA
For  6 months and over but less than
    12 months           0.2694% PA            1.0194% PA
For 12 Months           0.2404% PA            1.1154% PA
For  2 Years            0.2404% PA            1.6154% PA
For  3 Years            0.2404% PA            1.8654% PA
For  4 years            0.2404% PA            2.1154% PA
For  5 years            0.2404% PA            2.2404% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 01.03.2021   VALUE 01.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1690% PA            0.5810% PA
For  6 months and over but less than
    12 months           0.2025% PA            0.5475% PA
For 12 Months          -0.2037% PA            0.6713% PA
For  2 Years           -0.2037% PA            1.1713% PA
For  3 Years           -0.2037% PA            1.4213% PA
For  4 Years           -0.2037% PA            1.6713% PA
For  5 years           -0.2037% PA            1.7963% PA
========================================================

Copyright Business Recorder, 2021

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