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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 Monday (July 5, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 05.07.2021   VALUE 05.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1053% PA            0.6448% PA
For  6 months and over but less than
    12 Months           0.0870% PA            0.6630% PA
For 12 months          -0.0056% PA            0.8694% PA
For  2 Years           -0.0056% PA            1.3694% PA
For  3 Years           -0.0056% PA            1.6194% PA
For  4 years           -0.0056% PA            1.8694% PA
For  5 years           -0.0056% PA            1.9944% PA
--------------------------------------------------------
POUND STERLING       VALUE 05.07.2021   VALUE 05.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1744% PA            0.5756% PA
For  6 months and over but less than
    12 months           0.1460% PA            0.6040% PA
For 12 Months           0.0723% PA            0.8028% PA
For  2 Years            0.0723% PA            1.3028% PA
For  3 Years            0.0723% PA            1.5528% PA
For  4 years            0.0723% PA            1.8028% PA
For  5 years            0.0723% PA            1.9278% PA
--------------------------------------------------------
EURO                 VALUE 05.07.2021   VALUE 05.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2977% PA            1.0477% PA
For  6 months and over but less than
    12 months           0.2817% PA            1.0317% PA
For 12 Months           0.2380% PA            1.1130% PA
For  2 Years            0.2380% PA            1.6130% PA
For  3 Years            0.2380% PA            1.8630% PA
For  4 years            0.2380% PA            2.1130% PA
For  5 years            0.2380% PA            2.2380% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 05.07.2021   VALUE 05.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1722% PA            0.5778% PA
For  6 months and over but less than
    12 months          -0.1848% PA            0.5652% PA
For 12 Months          -0.2042% PA            0.6708% PA
For  2 Years           -0.2042% PA            1.1708% PA
For  3 Years           -0.2042% PA            1.4208% PA
For  4 Years           -0.2042% PA            1.6708% PA
For  5 years           -0.2042% PA            1.7958% PA
========================================================

Copyright Business Recorder, 2021

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