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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 (May 28, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 28.05.2021   VALUE 28.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1150% PA            0.6350% PA
For  6 months and over but less than
    12 Months           0.0783% PA            0.6718% PA
For 12 months          -0.0019% PA            0.8769% PA
For  2 Years            0.0019% PA            1.3769% PA
For  3 Years            0.0019% PA            1.6269% PA
For  4 years            0.0019% PA            1.8769% PA
For  5 years            0.0019% PA            2.0019% PA
--------------------------------------------------------
POUND STERLING       VALUE 28.05.2021   VALUE 28.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1664% PA            0.5836% PA
For  6 months and over but less than
    12 months           0.1438% PA            0.6063% PA
For 12 Months           0.0885% PA            0.7865% PA
For  2 Years            0.0885% PA            1.2865% PA
For  3 Years            0.0885% PA            1.5365% PA
For  4 years            0.0885% PA            1.7865% PA
For  5 years            0.0885% PA            1.9115% PA
--------------------------------------------------------
EURO                 VALUE 28.05.2021   VALUE 28.05.2021
--------------------------------------------------------
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           0.2704% PA            1.0204% 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 28.05.2021   VALUE 28.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1623% PA            0.5877% PA
For  6 months and over but less than
    12 months          -0.1998% PA            0.5502% PA
For 12 Months          -0.1945% PA            0.6805% PA
For  2 Years           -0.1945% PA            1.1805% PA
For  3 Years           -0.1945% PA            1.4305% PA
For  4 Years           -0.1945% PA            1.6805% PA
For  5 years           -0.1945% PA            1.8055% PA
========================================================

Copyright Business Recorder, 2021

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