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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 23, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE.23.06-2021   VALUE.23.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1121% PA            0.6379% PA
For  6 months and over but less than
    12 Months           0.0863% PA            0.6638% PA
For 12 months          -0.0009% PA            0.8759% PA
For  2 Years            0.0009% PA            1.3759% PA
For  3 Years            0.0009% PA            1.6259% PA
For  4 years            0.0009% PA            1.8759% PA
For  5 years            0.0009% PA            2.0009% PA
--------------------------------------------------------
POUND STERLING       VALUE.23.06-2021   VALUE.23.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1689% PA            0.5811% PA
For  6 months and over but less than
    12 months           0.1356% PA            0.6144% PA
For 12 Months           0.0670% PA            0.8080% PA
For  2 Years            0.0670% PA            1.3080% PA
For  3 Years            0.0670% PA            1.5580% PA
For  4 years            0.0670% PA            1.8080% PA
For  5 years            0.0670% PA            1.9330% PA
--------------------------------------------------------
EURO                 VALUE.23.06-2021   VALUE.23.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2984% PA            1.0484% PA
For  6 months and over but less than
    12 months           0.2763% PA            1.0263% PA
For 12 Months           0.2393% PA            1.1143% PA
For  2 Years            0.2393% PA            1.6143% PA
For  3 Years            0.2393% PA            1.8643% PA
For  4 years            0.2393% PA            2.1143% PA
For  5 years            0.2393% PA            2.2393% PA
--------------------------------------------------------
JAPANESE YEN         VALUE.23.06-2021   VALUE.23.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1678% PA            1.5822% PA
For  6 months and over but less than
    12 months          -0.1902% PA            1.5598% PA
For 12 Months          -0.2040% PA            1.6710% PA
For  2 Years           -0.2040% PA            1.1710% PA
For  3 Years           -0.2040% PA            1.4210% PA
For  4 Years           -0.2040% PA            1.6710% PA
For  5 years           -0.2040% PA            1.7960% PA
========================================================

Copyright Business Recorder, 2021

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