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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 24, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24.05.2021   VALUE 24.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0999% PA            0.6501% PA
For  6 months and over but less than
    12 Months           0.0658% PA            0.6843% PA
For 12 months          -0.0140% PA            0.8890% PA
For  2 Years            0.0140% PA            1.3890% PA
For  3 Years            0.0140% PA            1.6390% PA
For  4 years            0.0140% PA            1.8890% PA
For  5 years            0.0140% PA            2.0140% PA
--------------------------------------------------------
POUND STERLING       VALUE 24.05.2021   VALUE 24.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1686% PA            0.5814% PA
For  6 months and over but less than
    12 months           0.1460% PA            0.6040% PA
For 12 Months           0.0855% PA            0.7895% PA
For  2 Years            0.0855% PA            1.2895% PA
For  3 Years            0.0855% PA            1.5395% PA
For  4 years            0.0855% PA            1.7895% PA
For  5 years            0.0855% PA            1.9145% PA
--------------------------------------------------------
EURO                 VALUE 24.05.2021   VALUE 24.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2961% PA            1.0461% PA
For  6 months and over but less than
    12 months           0.2753% PA            1.0253% PA
For 12 Months           0.2361% PA            1.1111% PA
For  2 Years            0.2361% PA            1.6111% PA
For  3 Years            0.2361% PA            1.8611% PA
For  4 years            0.2361% PA            2.1111% PA
For  5 years            0.2361% PA            2.2361% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24.05.2021   VALUE 24.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1607% PA            0.5893% PA
For  6 months and over but less than
    12 months          -0.2035% PA            0.5465% PA
For 12 Months          -0.1948% PA            0.6802% PA
For  2 Years           -0.1948% PA            1.1802% PA
For  3 Years           -0.1948% PA            1.4302% PA
For  4 Years           -0.1948% PA            1.6802% PA
For  5 years           -0.1948% PA            1.8052% PA
========================================================

Copyright Business Recorder, 2021

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