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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 31, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 31.05.2021   VALUE 31.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1154% PA            0.6346% PA
For  6 months and over but less than
    12 Months           0.0789% PA            0.6711% PA
For 12 months          -0.0013% PA            0.8738% PA
For  2 Years            0.0013% PA            1.3738% PA
For  3 Years            0.0013% PA            1.6238% PA
For  4 years            0.0013% PA            1.8738% PA
For  5 years            0.0013% PA            2.9988% PA
--------------------------------------------------------
POUND STERLING       VALUE 31.05.2021   VALUE 31.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1668% PA            0.5833% PA
For  6 months and over but less than
    12 months           0.1396% PA            0.6104% PA
For 12 Months           0.0894% PA            0.7856% PA
For  2 Years            0.0894% PA            1.2856% PA
For  3 Years            0.0894% PA            1.5356% PA
For  4 years            0.0894% PA            1.7856% PA
For  5 years            0.0894% PA            1.9106% PA
--------------------------------------------------------
EURO                 VALUE 31.05.2021   VALUE 31.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2930% PA            1.0430% PA
For  6 months and over but less than
    12 months           0.2699% PA            1.0199% PA
For 12 Months           0.2386% PA            1.1136% PA
For  2 Years            0.2386% PA            1.6136% PA
For  3 Years            0.2386% PA            1.8636% PA
For  4 years            0.2386% PA            2.1136% PA
For  5 years            0.2386% PA            2.2386% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 31.05.2021   VALUE 31.05.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1630% PA            0.5870% PA
For  6 months and over but less than
    12 months          -0.2012% PA            0.5488% PA
For 12 Months          -0.1973% PA            0.6777% PA
For  2 Years           -0.1973% PA            1.1777% PA
For  3 Years           -0.1973% PA            1.4277% PA
For  4 Years           -0.1973% PA            1.6777% PA
For  5 years           -0.1973% PA            1.8027% PA
========================================================

Copyright Business Recorder, 2021

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