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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 Tuesday (March 2, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 02.03.2021   VALUE 02.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0616% PA            0.6884% PA
For  6 months and over but less than
    12 Months          -0.0470% PA            0.7030% PA
For 12 months           0.0338% PA            0.9088% PA
For  2 Years            0.0338% PA            1.4088% PA
For  3 Years            0.0338% PA            1.6588% PA
For  4 years            0.0338% PA            1.9088% PA
For  5 years            0.0338% PA            2.0338% PA
--------------------------------------------------------
POUND STERLING       VALUE 02.03.2021   VALUE 02.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1840% PA            0.5660% PA
For  6 months and over but less than
    12 months          -0.1673% PA            0.5828% PA
For 12 Months          -0.1040% PA            0.7710% PA
For  2 Years           -0.1040% PA            1.2710% PA
For  3 Years           -0.1040% PA            1.5210% PA
For  4 years           -0.1040% PA            1.7710% PA
For  5 years           -0.1040% PA            1.8960% PA
--------------------------------------------------------
EURO                 VALUE 02.03.2021   VALUE 02.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3017% PA            1.0517% PA
For  6 months and over but less than
    12 months           0.2633% PA            1.0133% PA
For 12 Months           0.2301% PA            1.1051% PA
For  2 Years            0.2301% PA            1.6051% PA
For  3 Years            0.2301% PA            1.8551% PA
For  4 years            0.2301% PA            2.1051% PA
For  5 years            0.2301% PA            2.2301% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 02.03.2021   VALUE 02.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1680% PA            0.5820% PA
For  6 months and over but less than
    12 months           0.1993% PA            0.5507% PA
For 12 Months          -0.2058% PA            0.6692% PA
For  2 Years           -0.2058% PA            1.1692% PA
For  3 Years           -0.2058% PA            1.4192% PA
For  4 Years           -0.2058% PA            1.6692% PA
For  5 years           -0.2058% PA            1.7942% PA
========================================================

Copyright Business Recorder, 2021

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