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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 (April 23, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 23.04.2021   VALUE 23.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0771% PA            0.6729% PA
For  6 months and over but less than
    12 Months          -0.0335% PA            0.7165% PA
For 12 months           0.0323% PA            0.9073% PA
For  2 Years            0.0323% PA            1.4073% PA
For  3 Years            0.0323% PA            1.6573% PA
For  4 years            0.0323% PA            1.9073% PA
For  5 years            0.0323% PA            2.0323% PA
--------------------------------------------------------
POUND STERLING       VALUE 23.04.2021   VALUE 23.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1629% PA            0.5871% PA
For  6 months and over but less than
    12 months          -0.1399% PA            0.6101% PA
For 12 Months          -0.0921% PA            0.7829% PA
For  2 Years           -0.0921% PA            1.2829% PA
For  3 Years           -0.0921% PA            1.5329% PA
For  4 years           -0.0921% PA            1.7829% PA
For  5 years           -0.0921% PA            1.9079% PA
--------------------------------------------------------
EURO                 VALUE 23.04.2021   VALUE 23.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2939% PA            1.0439% PA
For  6 months and over but less than
    12 months           0.2707% PA            1.0207% PA
For 12 Months           0.2421% PA            1.1171% PA
For  2 Years            0.2421% PA            1.6171% PA
For  3 Years            0.2421% PA            1.8671% PA
For  4 years            0.2421% PA            2.1171% PA
For  5 years            0.2421% PA            2.2421% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 23.04.2021   VALUE 23.04.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1795% PA            0.5705% PA
For  6 months and over but less than
    12 months           0.2003% PA            0.5497% PA
For 12 Months          -0.1993% PA            0.6757% PA
For  2 Years           -0.1993% PA            1.1757% PA
For  3 Years           -0.1993% PA            1.4257% PA
For  4 Years           -0.1993% PA            1.6757% PA
For  5 years           -0.1993% PA            1.8007% PA
========================================================

Copyright Business Recorder, 2021

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