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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 10, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 10.03.2021   VALUE 10.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0675% PA            0.6825% PA
For  6 months and over but less than
    12 Months          -0.0538% PA            0.6963% 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 10.03.2021   VALUE 10.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1741% PA            0.5759% PA
For  6 months and over but less than
    12 months          -0.1540% PA            0.5960% PA
For 12 Months          -0.0974% PA            0.7776% PA
For  2 Years           -0.0974% PA            1.2776% PA
For  3 Years           -0.0974% PA            1.5276% PA
For  4 years           -0.0974% PA            1.7776% PA
For  5 years           -0.0974% PA            1.9026% PA
--------------------------------------------------------
EURO                 VALUE 10.03.2021   VALUE 10.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3009% PA            1.0509% PA
For  6 months and over but less than
    12 months           0.2714% PA            1.0214% PA
For 12 Months           0.2394% PA            1.1144% PA
For  2 Years            0.2394% PA            1.6144% PA
For  3 Years            0.2394% PA            1.8644% PA
For  4 years            0.2394% PA            2.1144% PA
For  5 years            0.2394% PA            2.2394% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 10.03.2021   VALUE 10.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1645% PA            0.5855% PA
For  6 months and over but less than
    12 months           0.2000% PA            0.5500% PA
For 12 Months          -0.1998% PA            0.6752% PA
For  2 Years           -0.1998% PA            1.1752% PA
For  3 Years           -0.1998% PA            1.4252% PA
For  4 Years           -0.1998% PA            1.6752% PA
For  5 years           -0.1998% PA            1.8002% PA
========================================================

Copyright Business Recorder, 2021

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