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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 Tuesday (May 25, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 25.05.2021   VALUE 25.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1030% PA            0.6470% PA
For  6 months and over but less than
    12 Months           0.0713% PA            0.6788% PA
For 12 months          -0.0096% PA            0.8846% PA
For  2 Years            0.0096% PA            1.3846% PA
For  3 Years            0.0096% PA            1.6346% PA
For  4 years            0.0096% PA            1.8846% PA
For  5 years            0.0096% PA            2.0096% PA
--------------------------------------------------------
POUND STERLING       VALUE 25.05.2021   VALUE 25.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1670% PA            0.5830% PA
For  6 months and over but less than
    12 months           0.1438% PA            0.6063% PA
For 12 Months           0.0871% PA            0.7879% PA
For  2 Years            0.0871% PA            1.2879% PA
For  3 Years            0.0871% PA            1.5379% PA
For  4 years            0.0871% PA            1.7879% PA
For  5 years            0.0871% PA            1.9129% PA
--------------------------------------------------------
EURO                 VALUE 25.05.2021   VALUE 25.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2976% PA            1.0476% PA
For  6 months and over but less than
    12 months           0.2753% PA            1.0253% PA
For 12 Months           0.2374% PA            1.11243 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 25.05.2021   VALUE 25.05.2021
--------------------------------------------------------
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          -0.2042% PA            0.5458% PA
For 12 Months          -0.1938% PA            0.6812% PA
For  2 Years           -0.1938% PA            1.1812% PA
For  3 Years           -0.1938% PA            1.4312% PA
For  4 Years           -0.1938% PA            1.6812% PA
For  5 years           -0.1938% PA            1.8062% PA
========================================================

Copyright Business Recorder, 2021

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