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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 Thursday (June 17, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 17.06.2021   VALUE 17.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1253% PA            0.6248% PA
For  6 months and over but less than
    12 Months           0.0974% PA            0.6526% PA
For 12 months          -0.0168% PA            0.8583% PA
For  2 Years            0.0168% PA            1.3583% PA
For  3 Years            0.0168% PA            1.6083% PA
For  4 years            0.0168% PA            1.8583% PA
For  5 years            0.0168% PA            1.9833% PA
--------------------------------------------------------
POUND STERLING       VALUE 17.06.2021   VALUE 17.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1688% PA            0.5813% PA
For  6 months and over but less than
    12 months           0.1426% PA            0.6074% PA
For 12 Months           0.0833% PA            0.7918% PA
For  2 Years            0.0833% PA            1.2918% PA
For  3 Years            0.0833% PA            1.5418% PA
For  4 years            0.0833% PA            1.7918% PA
For  5 years            0.0833% PA            1.9168% PA
--------------------------------------------------------
EURO                 VALUE 17.06.2021   VALUE 17.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2981% PA            1.0481% PA
For  6 months and over but less than
    12 months           0.2806% PA            1.0306% PA
For 12 Months           0.2416% PA            1.1166% PA
For  2 Years            0.2416% PA            1.6166% PA
For  3 Years            0.2416% PA            1.8666% PA
For  4 years            0.2416% PA            2.1166% PA
For  5 years            0.2416% PA            2.2416% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 17.06.2021   VALUE 17.06.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1547% PA            0.5953% PA
For  6 months and over but less than
    12 months          -0.1865% PA            0.5635% PA
For 12 Months          -0.2022% PA            0.6728% PA
For  2 Years           -0.2022% PA            1.1728% PA
For  3 Years           -0.2022% PA            1.4228% PA
For  4 Years           -0.2022% PA            1.6728% PA
For  5 years           -0.2022% PA            1.7978% PA
========================================================

Copyright Business Recorder, 2021

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