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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 9, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 09.03.2021   VALUE 09.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0646% PA            0.6854% PA
For  6 months and over but less than
    12 Months          -0.0541% PA            0.6959% PA
For 12 months           0.0278% PA            0.9028% PA
For  2 Years            0.0278% PA            1.4028% PA
For  3 Years            0.0278% PA            1.6528% PA
For  4 years            0.0278% PA            1.9028% PA
For  5 years            0.0278% PA            2.0278% PA
--------------------------------------------------------
POUND STERLING       VALUE 09.03.2021   VALUE 09.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1748% PA            0.5753% PA
For  6 months and over but less than
    12 months          -0.1556% PA            0.5944% PA
For 12 Months          -0.0976% PA            0.7774% PA
For  2 Years           -0.0976% PA            1.2774% PA
For  3 Years           -0.0976% PA            1.5274% PA
For  4 years           -0.0976% PA            1.7774% PA
For  5 years           -0.0976% PA            1.9024% PA
--------------------------------------------------------
EURO                 VALUE 09.03.2021   VALUE 09.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2983% PA            1.0483% PA
For  6 months and over but less than
    12 months           0.2696% PA            1.0196% PA
For 12 Months           0.2391% PA            1.1141% PA
For  2 Years            0.2391% PA            1.6141% PA
For  3 Years            0.2391% PA            1.8641% PA
For  4 years            0.2391% PA            2.1141% PA
For  5 years            0.2391% PA            2.2391% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 09.03.2021   VALUE 09.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1637% PA            0.5863% PA
For  6 months and over but less than
    12 months           0.1967% PA            0.5533% PA
For 12 Months          -0.2052% PA            0.6698% PA
For  2 Years           -0.2052% PA            1.1698% PA
For  3 Years           -0.2052% PA            1.4198% PA
For  4 Years           -0.2052% PA            1.6698% PA
For  5 years           -0.2052% PA            1.7948% PA
========================================================

Copyright Business Recorder, 2021

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