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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 (March 3, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 03.03.2021   VALUE 03.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0658% PA            0.6843% PA
For  6 months and over but less than
    12 Months          -0.0495% PA            0.7005% PA
For 12 months           0.0336% PA            0.9086% PA
For  2 Years            0.0336% PA            1.4086% PA
For  3 Years            0.0336% PA            1.6586% PA
For  4 years            0.0336% PA            1.9086% PA
For  5 years            0.0336% PA            2.0336% PA
--------------------------------------------------------
POUND STERLING       VALUE 03.03.2021   VALUE 03.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1798% PA            0.5703% PA
For  6 months and over but less than
    12 months          -0.1586% PA            0.5914% PA
For 12 Months          -0.1023% PA            0.7728% PA
For  2 Years           -0.1023% PA            1.2728% PA
For  3 Years           -0.1023% PA            1.5228% PA
For  4 years           -0.1023% PA            1.7728% PA
For  5 years           -0.1023% PA            1.8978% PA
--------------------------------------------------------
EURO                 VALUE 03.03.2021   VALUE 03.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3011% PA            1.0511% PA
For  6 months and over but less than
    12 months           0.2681% PA            1.0181% PA
For 12 Months           0.2371% PA            1.1121% PA
For  2 Years            0.2371% PA            1.6121% PA
For  3 Years            0.2371% PA            1.8621% PA
For  4 years            0.2371% PA            2.1121% PA
For  5 years            0.2371% PA            2.2371% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 03.03.2021   VALUE 03.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1628% PA            0.5872% PA
For  6 months and over but less than
    12 months           0.1977% PA            0.5523% PA
For 12 Months          -0.2073% PA            0.6677% PA
For  2 Years           -0.2073% PA            1.1677% PA
For  3 Years           -0.2073% PA            1.4177% PA
For  4 Years           -0.2073% PA            1.6677% PA
For  5 years           -0.2073% PA            1.7927% PA
========================================================

Copyright Business Recorder, 2021

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