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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 (April 7, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 07.04.2021   VALUE 07.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0558% PA            0.6943% PA
For  6 months and over but less than
    12 Months-0.0448% PA            0.7053% PA
For 12 months           0.0331% PA            0.9081% PA
For  2 Years            0.0331% PA            1.4081% PA
For  3 Years            0.0331% PA            1.6581% PA
For  4 years            0.0331% PA            1.9081% PA
For  5 years            0.0331% PA            2.0331% PA
--------------------------------------------------------
POUND STERLING       VALUE 07.04.2021   VALUE 07.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1621% PA            1.5879% PA
For  6 months and over but less than
    12 months          -0.1373% PA            1.6128% PA
For 12 Months          -0.0863% PA            1.7888% PA
For  2 Years           -0.0863% PA            1.2888% PA
For  3 Years           -0.0863% PA            1.5388% PA
For  4 years           -0.0863% PA            2.7888% PA
For  5 years           -0.0863% PA            2.9138% PA
--------------------------------------------------------
EURO                 VALUE 07.04.2021   VALUE 07.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2997% PA            1.0497% PA
For  6 months and over but less than
    12 months           0.2744% PA            1.0244% PA
For 12 Months           0.2469% PA            1.1219% PA
For  2 Years            0.2469% PA            1.6219% PA
For  3 Years            0.2469% PA            1.8719% PA
For  4 years            0.2469% PA            2.1219% PA
For  5 years            0.2469% PA            2.2469% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 07.04.2021   VALUE 07.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1798% PA            0.5702% PA
For  6 months and over but less than
    12 months           0.2060% PA            0.5440% PA
For 12 Months          -0.1977% PA            0.6773% PA
For  2 Years           -0.1977% PA            1.1773% PA
For  3 Years           -0.1977% PA            1.4273% PA
For  4 Years           -0.1977% PA            1.6773% PA
For  5 years           -0.1977% PA            1.8023% PA
========================================================

Copyright Business Recorder, 2021