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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 Friday (March 12, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 12.03.2021   VALUE 12.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0659% PA            0.6841% PA
For  6 months and over but less than
    12 Months          -0.0564% PA            0.6936% PA
For 12 months           0.0286% PA            0.9036% PA
For  2 Years            0.0286% PA            1.4036% PA
For  3 Years            0.0286% PA            1.6536% PA
For  4 years            0.0286% PA            1.9036% PA
For  5 years            0.0286% PA            2.0286% PA
--------------------------------------------------------
POUND STERLING       VALUE 12.03.2021   VALUE 12.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1728% PA            0.5773% PA
For  6 months and over but less than
    12 months          -0.1544% PA            0.5956% PA
For 12 Months          -0.0960% PA            0.7790% PA
For  2 Years           -0.0960% PA            1.2790% PA
For  3 Years           -0.0960% PA            1.5290% PA
For  4 years           -0.0960% PA            1.7790% PA
For  5 years           -0.0960% PA            1.9040% PA
--------------------------------------------------------
EURO                 VALUE 12.03.2021   VALUE 12.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2934% PA            1.0434% PA
For  6 months and over but less than
    12 months           0.3009% PA            1.0509% PA
For 12 Months           0.2736% PA            1.1486% PA
For  2 Years            0.2736% PA            1.6486% PA
For  3 Years            0.2736% PA            1.8986% PA
For  4 years            0.2736% PA            2.1486% PA
For  5 years            0.2736% PA            2.2736% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 12.03.2021   VALUE 12.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1630% PA            0.5870% PA
For  6 months and over but less than
    12 months           0.1977% PA            0.5523% PA
For 12 Months          -0.2043% PA            0.6707% PA
For  2 Years           -0.2043% PA            1.1707% PA
For  3 Years           -0.2043% PA            1.4207% PA
For  4 Years           -0.2043% PA            1.6707% PA
For  5 years           -0.2043% PA            1.7957% PA
========================================================

Copyright Business Recorder, 2021

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