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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 16, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 16.03.2021   VALUE 16.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0605% PA            0.6895% PA
For  6 months and over but less than
    12 Months          -0.0560% PA            0.6940% PA
For 12 months           0.0281% PA            0.9031% PA
For  2 Years            0.0281% PA            1.4031% PA
For  3 Years            0.0281% PA            1.6531% PA
For  4 years            0.0281% PA            1.9031% PA
For  5 years            0.0281% PA            2.0281% PA
--------------------------------------------------------
POUND STERLING       VALUE 16.03.2021   VALUE 16.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1705% PA            0.5795% PA
For  6 months and over but less than
    12 months          -0.1484% PA            0.6016% PA
For 12 Months          -0.0961% PA            0.7789% PA
For  2 Years           -0.0961% PA            1.2789% PA
For  3 Years           -0.0961% PA            1.5289% PA
For  4 years           -0.0961% PA            1.7789% PA
For  5 years           -0.0961% PA            1.9039% PA
--------------------------------------------------------
EURO                 VALUE 16.03.2021   VALUE 16.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2989% PA            1.0489% PA
For  6 months and over but less than
    12 months           0.2731% PA            1.0231% PA
For 12 Months           0.2393% PA            1.1143% PA
For  2 Years            0.2393% PA            1.6143% PA
For  3 Years            0.2393% PA            1.8643% PA
For  4 years            0.2393% PA            2.1143% PA
For  5 years            0.2393% PA            2.2393% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 16.03.2021   VALUE 16.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1647% PA            0.5853% PA
For  6 months and over but less than
    12 months           0.1987% PA            0.5513% PA
For 12 Months          -0.2037% PA            0.6713% PA
For  2 Years           -0.2037% PA            1.1713% PA
For  3 Years           -0.2037% PA            1.4213% PA
For  4 Years           -0.2037% PA            1.6713% PA
For  5 years           -0.2037% PA            1.7963% PA
========================================================

Copyright Business Recorder, 2021

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