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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 8, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 08.03.2021   VALUE 08.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0745% PA            0.6755% PA
For  6 months and over but less than
    12 Months          -0.0468% PA            0.7033% 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 08.03.2021   VALUE 08.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1745% PA            0.5755% PA
For  6 months and over but less than
    12 months          -0.1531% PA            0.5969% PA
For 12 Months          -0.0970% PA            0.7780% PA
For  2 Years           -0.0970% PA            1.2780% PA
For  3 Years           -0.0970% PA            1.5280% PA
For  4 years           -0.0970% PA            1.7780% PA
For  5 years           -0.0970% PA            1.9030% PA
--------------------------------------------------------
EURO                 VALUE 08.03.2021   VALUE 08.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3000% PA            1.0500% PA
For  6 months and over but less than
    12 months           0.2711% PA            1.0211% PA
For 12 Months           0.2399% PA            1.1149% PA
For  2 Years            0.2399% PA            1.6149% PA
For  3 Years            0.2399% PA            1.8649% PA
For  4 years            0.2399% PA            2.1149% PA
For  5 years            0.2399% PA            2.2399% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 08.03.2021   VALUE 08.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1632% PA            0.5833% PA
For  6 months and over but less than
    12 months           0.1968% PA            0.5532% PA
For 12 Months          -0.2062% PA            0.6688% PA
For  2 Years           -0.2062% PA            1.1688% PA
For  3 Years           -0.2062% PA            1.4188% PA
For  4 Years           -0.2062% PA            1.6688% PA
For  5 years           -0.2062% PA            1.7938% PA
========================================================

Copyright Business Recorder, 2021

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