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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 Friday (July 2, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 02.07.2021   VALUE 02.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1043% PA            0.6458% PA
For  6 months and over but less than
    12 Months           0.0905% PA            0.6595% PA
For 12 months          -0.0038% PA            0.8713% PA
For  2 Years           -0.0038% PA            1.3713% PA
For  3 Years           -0.0038% PA            1.6213% PA
For  4 years           -0.0038% PA            1.8713% PA
For  5 years           -0.0038% PA            1.9963% PA
--------------------------------------------------------
POUND STERLING       VALUE 02.07.2021   VALUE 02.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1721% PA            0.5779% PA
For  6 months and over but less than
    12 months           0.1420% PA            0.6080% PA
For 12 Months           0.0695% PA            0.8055% PA
For  2 Years            0.0695% PA            1.3055% PA
For  3 Years            0.0695% PA            1.5555% PA
For  4 years            0.0695% PA            1.8055% PA
For  5 years            0.0695% PA            1.9305% PA
--------------------------------------------------------
EURO                 VALUE 02.07.2021   VALUE 02.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3011% PA            1.0511% PA
For  6 months and over but less than
    12 months           0.2813% PA            1.0313% PA
For 12 Months           0.2367% PA            1.1117% PA
For  2 Years            0.2367% PA            1.6117% PA
For  3 Years            0.2367% PA            1.8617% PA
For  4 years            0.2367% PA            2.1117% PA
For  5 years            0.2367% PA            2.2367% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 02.07.2021   VALUE 02.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1725% PA            0.5775% PA
For  6 months and over but less than
    12 months          -0.1848% PA            0.5652% PA
For 12 Months          -0.2047% PA            0.6703% PA
For  2 Years           -0.2047% PA            1.1703% PA
For  3 Years           -0.2047% PA            1.4203% PA
For  4 Years           -0.2047% PA            1.6703% PA
For  5 years           -0.2047% PA            1.7953% PA
========================================================

Copyright Business Recorder, 2021

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