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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 (June 4, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 04.06.2021   VALUE 04.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1160% PA             0.6340%PA
For  6 months and over but less than
    12 Months           0.0826% PA            0.6674% PA
For 12 months          -0.0051% PA            0.8699% PA
For  2 Years            0.0051% PA            1.3699% PA
For  3 Years            0.0051% PA            1.6199% PA
For  4 years            0.0051% PA            1.8699% PA
For  5 years            0.0051% PA            2.9949% PA
--------------------------------------------------------
POUND STERLING       VALUE 04.06.2021   VALUE 04.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1711% PA            0.5789% PA
For  6 months and over but less than
    12 months           0.1425% PA            0.6075% PA
For 12 Months           0.0861% PA            0.7889% PA
For  2 Years            0.0861% PA            1.2889% PA
For  3 Years            0.0861% PA            1.5389% PA
For  4 years            0.0861% PA            1.7889% PA
For  5 years            0.0861% PA            1.9139% PA
--------------------------------------------------------
EURO                 VALUE 04.06.2021   VALUE 04.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2949% PA            1.0449% PA
For  6 months and over but less than
    12 months           0.2716% PA            1.0216% PA
For 12 Months           0.2410% PA            1.1160% PA
For  2 Years            0.2410% PA            1.6160% PA
For  3 Years            0.2410% PA            1.8660% PA
For  4 years            0.2410% PA            2.1160% PA
For  5 years            0.2410% PA            2.2104% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 04.06.2021   VALUE 04.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1550% PA            0.5950% PA
For  6 months and over but less than
    12 months          -0.1907% PA            0.5593% PA
For 12 Months          -0.1980% PA            0.6770% PA
For  2 Years           -0.1980% PA            1.1770% PA
For  3 Years           -0.1980% PA            1.4270% PA
For  4 Years           -0.1980% PA            1.6770% PA
For  5 years           -0.1980% PA            1.8020% PA
========================================================

Copyright Business Recorder, 2021

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