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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 Monday (May 3, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 03.05.2021   VALUE 03.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.0744% PA            0.6756% PA
For  6 months and over but less than
    12 Months          -0.0436% PA            0.7064% PA
For 12 months           0.0314% PA            0.9064% PA
For  2 Years            0.0314% PA            1.4064% PA
For  3 Years            0.0314% PA            1.6564% PA
For  4 years            0.0314% PA            1.9064% PA
For  5 years            0.0314% PA            2.0314% PA
--------------------------------------------------------
POUND STERLING       VALUE 03.05.2021   VALUE 03.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1649% PA            0.5851% PA
For  6 months and over but less than
    12 months          -0.1376% PA            0.6124% PA
For 12 Months          -0.0849% PA            0.7901% PA
For  2 Years           -0.0849% PA            1.2901% PA
For  3 Years           -0.0849% PA            1.5401% PA
For  4 years           -0.0849% PA            1.7901% PA
For  5 years           -0.0849% PA            1.9151% PA
--------------------------------------------------------
EURO                 VALUE 03.05.2021   VALUE 03.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2924% PA            1.0424% PA
For  6 months and over but less than
    12 months           0.2756% PA            1.0256% PA
For 12 Months           0.2437% PA            1.1187% PA
For  2 Years            0.2437% PA            1.6187% PA
For  3 Years            0.2437% PA            1.8687% PA
For  4 years            0.2437% PA            2.1187% PA
For  5 years            0.2437% PA            2.2437% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 03.05.2021   VALUE 03.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1812% PA            0.5688% PA
For  6 months and over but less than
    12 months           0.2032% PA            0.5468% PA
For 12 Months          -0.2008% PA            0.6742% PA
For  2 Years           -0.2008% PA            1.1742% PA
For  3 Years           -0.2008% PA            1.4242% PA
For  4 Years           -0.2008% PA            1.6742% PA
For  5 years           -0.2008% PA            1.7992% PA
========================================================

Copyright Business Recorder, 2021

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