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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 Wednesday (June 9, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 09.06.2021   VALUE 09.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1269% PA             0.6231%PA
For  6 months and over but less than
    12 Months           0.0894% PA            0.6606% PA
For 12 months          -0.0084% PA            0.8666% PA
For  2 Years            0.0084% PA            1.3666% PA
For  3 Years            0.0084% PA            1.6166% PA
For  4 years            0.0084% PA            1.8666% PA
For  5 years            0.0084% PA            2.9916% PA
--------------------------------------------------------
POUND STERLING       VALUE 09.06.2021   VALUE 09.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1708% PA            0.5793% PA
For  6 months and over but less than
    12 months           0.1450% PA            0.6050% PA
For 12 Months           0.0844% PA            0.7906% PA
For  2 Years            0.0844% PA            1.2906% PA
For  3 Years            0.0844% PA            1.5406% PA
For  4 years            0.0844% PA            1.7906% PA
For  5 years            0.0844% PA            1.9156% PA
--------------------------------------------------------
EURO                 VALUE 09.06.2021   VALUE 09.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2977% PA            1.0477% PA
For  6 months and over but less than
    12 months           0.2750% PA            1.0250% 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            2.2410% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 09.06.2021   VALUE 09.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1528% PA            0.5972% PA
For  6 months and over but less than
    12 months          -0.1875% PA            0.5625% PA
For 12 Months          -0.2008% PA            0.6742% PA
For  2 Years           -0.2008% PA            1.1750% PA
For  3 Years           -0.2008% PA            1.4242% PA
For  4 Years           -0.2008% PA            1.6742% PA
For  5 years           -0.2008% PA            1.7992% PA
========================================================

Copyright Business Recorder, 2021

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