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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 Thursday (March 25, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 25.03.2021   VALUE 25.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0494% PA            0.7006% PA
For  6 months and over but less than
    12 Months          -0.0446% PA            0.7054% PA
For 12 months           0.0294% PA            0.9044% PA
For  2 Years            0.0294% PA            1.4044% PA
For  3 Years            0.0294% PA            1.6544% PA
For  4 years            0.0294% PA            1.9044% PA
For  5 years            0.0294% PA            2.0294% PA
--------------------------------------------------------
POUND STERLING       VALUE 25.03.2021   VALUE 25.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1634% PA            1.5866% PA
For  6 months and over but less than
    12 months          -0.1461% PA            1.6039% PA
For 12 Months          -0.0885% PA            1.7865% PA
For  2 Years           -0.0885% PA            1.2865% PA
For  3 Years           -0.0885% PA            1.5365% PA
For  4 years           -0.0885% PA            2.7865% PA
For  5 years           -0.0885% PA            2.9115% PA
--------------------------------------------------------
EURO                 VALUE 25.03.2021   VALUE 25.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2987% PA            1.0487% PA
For  6 months and over but less than
    12 months           0.2714% PA            1.0214% PA
For 12 Months           0.2417% PA            1.1167% PA
For  2 Years            0.2417% PA            1.6167% PA
For  3 Years            0.2417% PA            1.8667% PA
For  4 years            0.2417% PA            2.1167% PA
For  5 years            0.2417% PA            2.2417% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 25.03.2021   VALUE 25.03.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1762% PA            0.5738% PA
For  6 months and over but less than
    12 months           0.2018% PA            0.5482% PA
For 12 Months          -0.2005% PA            0.6745% PA
For  2 Years           -0.2005% PA            1.1745% PA
For  3 Years           -0.2005% PA            1.4245% PA
For  4 Years           -0.2005% PA            1.6745% PA
For  5 years           -0.2005% PA            1.7995% PA
========================================================

Copyright Business Recorder, 2021

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