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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 16, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 16.06.2021   VALUE 16.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1320% PA             0.6180%PA
For  6 months and over but less than
    12 Months           0.0996% PA            0.6504% PA
For 12 months          -0.0125% PA            0.8625% PA
For  2 Years            0.0125% PA            1.3625% PA
For  3 Years            0.0125% PA            1.6125% PA
For  4 years            0.0125% PA            1.8625% PA
For  5 years            0.0125% PA            1.9875% PA
--------------------------------------------------------
POUND STERLING       VALUE 16.06.2021   VALUE 16.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1658% PA            0.5843% PA
For  6 months and over but less than
    12 months           0.1420% PA            0.6080% PA
For 12 Months           0.0813% PA            0.7938% PA
For  2 Years            0.0813% PA            1.2938% PA
For  3 Years            0.0813% PA            1.5438% PA
For  4 years            0.0813% PA            1.7938% PA
For  5 years            0.0813% PA            1.9188% PA
--------------------------------------------------------
EURO                 VALUE 16.06.2021   VALUE 16.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3000% PA            1.0500% PA
For  6 months and over but less than
    12 months           0.2807% PA            1.0307% PA
For 12 Months           0.2414% PA            1.1164% PA
For  2 Years            0.2414% PA            1.6164% PA
For  3 Years            0.2414% PA            1.8664% PA
For  4 years            0.2414% PA            2.1164% PA
For  5 years            0.2414% PA            2.2414% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 16.06.2021   VALUE 16.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1540% PA            0.5960% PA
For  6 months and over but less than
    12 months          -0.1862% PA            0.5638% PA
For 12 Months          -0.2018% PA            0.6732% PA
For  2 Years           -0.2018% PA            1.1732% PA
For  3 Years           -0.2018% PA            1.4232% PA
For  4 Years           -0.2018% PA            1.6732% PA
For  5 years           -0.2018% PA            1.7982% PA
========================================================

Copyright Business Recorder, 2021

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