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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 9, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 09.07.2021   VALUE 09.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1261% PA            0.6239% PA
For  6 months and over but less than
    12 Months           0.0878% PA            0.6623% PA
For 12 months          -0.0096% PA            0.8654% PA
For  2 Years           -0.0096% PA            1.3654% PA
For  3 Years           -0.0096% PA            1.6154% PA
For  4 years           -0.0096% PA            1.8654% PA
For  5 years           -0.0096% PA            1.9904% PA
--------------------------------------------------------
POUND STERLING       VALUE 09.07.2021   VALUE 09.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1710% PA            0.5790% PA
For  6 months and over but less than
    12 months           0.1508% PA            0.5993% PA
For 12 Months           0.0796% PA            0.7954% PA
For  2 Years            0.0796% PA            1.2954% PA
For  3 Years            0.0796% PA            1.5454% PA
For  4 years            0.0796% PA            1.7954% PA
For  5 years            0.0796% PA            1.9204% PA
--------------------------------------------------------
EURO                 VALUE 09.07.2021   VALUE 09.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3017% PA            1.0517% PA
For  6 months and over but less than
    12 months           0.2806% PA            1.0306% PA
For 12 Months           0.2404% PA            1.1154% PA
For  2 Years            0.2404% PA            1.6154% PA
For  3 Years            0.2404% PA            1.8654% PA
For  4 years            0.2404% PA            2.1154% PA
For  5 years            0.2404% PA            2.2404% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 09.07.2021   VALUE 09.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1742% PA            0.5758% PA
For  6 months and over but less than
    12 months          -0.1838% PA            0.5662% 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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