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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 (May 20, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 20.05.2021   VALUE 20.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0948% PA            0.6553% PA
For  6 months and over but less than
    12 Months           0.0663% PA            0.6838% PA
For 12 months          -0.0128% PA            0.8878% PA
For  2 Years            0.0128% PA            1.3878% PA
For  3 Years            0.0128% PA            1.6378% PA
For  4 years            0.0128% PA            1.8878% PA
For  5 years            0.0128% PA            2.0128% PA
--------------------------------------------------------
POUND STERLING       VALUE 20.05.2021   VALUE 20.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1625% PA            0.5875% PA
For  6 months and over but less than
    12 months           0.1465% PA            0.6035% PA
For 12 Months           0.0854% PA            0.7896% PA
For  2 Years            0.0854% PA            1.2896% PA
For  3 Years            0.0854% PA            1.5396% PA
For  4 years            0.0854% PA            1.7896% PA
For  5 years            0.0854% PA            1.9146% PA
--------------------------------------------------------
EURO                 VALUE 20.05.2021   VALUE 20.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2951% PA            1.0451% PA
For  6 months and over but less than
    12 months           0.2777% PA            1.0277% PA
For 12 Months           0.2374% PA            1.1124% PA
For  2 Years            0.2374% PA            1.6124% PA
For  3 Years            0.2374% PA            1.8624% PA
For  4 years            0.2374% PA            2.1124% PA
For  5 years            0.2374% PA            2.2374% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 20.05.2021   VALUE 20.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1610% PA            0.5890% PA
For  6 months and over but less than
    12 months          -0.2062% PA            0.5438% PA
For 12 Months          -0.1928% PA            0.6822% PA
For  2 Years           -0.1928% PA            1.1822% PA
For  3 Years           -0.1928% PA            1.4322% PA
For  4 Years           -0.1928% PA            1.6822% PA
For  5 years           -0.1928% PA            1.8072% PA
========================================================

Copyright Business Recorder, 2021

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