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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 24, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24.06-2021   VALUE 24.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1163% PA            0.6338% PA
For  6 months and over but less than
    12 Months           0.0894% PA            0.6606% PA
For 12 months          -0.0044% PA            0.8706% PA
For  2 Years            0.0044% PA            1.3706% PA
For  3 Years            0.0044% PA            1.6206% PA
For  4 years            0.0044% PA            1.8706% PA
For  5 years            0.0044% PA            2.9956% PA
--------------------------------------------------------
POUND STERLING       VALUE 24.06-2021   VALUE 24.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1700% PA            0.5800% PA
For  6 months and over but less than
    12 months           0.1389% PA            0.6111% PA
For 12 Months           0.0690% PA            0.8060% PA
For  2 Years            0.0690% PA            1.3060% PA
For  3 Years            0.0690% PA            1.5560% PA
For  4 years            0.0690% PA            1.8060% PA
For  5 years            0.0690% PA            1.9310% PA
--------------------------------------------------------
EURO                 VALUE 24.06-2021   VALUE 24.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2946% PA            1.0446% PA
For  6 months and over but less than
    12 months           0.2727% PA            1.0227% PA
For 12 Months           0.2384% PA            1.1134% PA
For  2 Years            0.2384% PA            1.6134% PA
For  3 Years            0.2384% PA            1.8634% PA
For  4 years            0.2384% PA            2.1134% PA
For  5 years            0.2384% PA            2.2384% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24.06-2021   VALUE 24.06-2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1687% PA            0.5813% PA
For  6 months and over but less than
    12 months          -0.1913% PA            0.5587% PA
For 12 Months          -0.2030% PA            0.6720% PA
For  2 Years           -0.2030% PA            1.1720% PA
For  3 Years           -0.2030% PA            1.4220% PA
For  4 Years           -0.2030% PA            1.6720% PA
For  5 years           -0.2030% PA            1.7970% PA
========================================================

Copyright Business Recorder, 2021

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