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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 12, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 12.07.2021   VALUE 12.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1310% PA            0.6190% PA
For  6 months and over but less than
    12 Months           0.0930% PA            0.6570% PA
For 12 months          -0.0111% PA            0.8639% PA
For  2 Years           -0.0111% PA            1.3639% PA
For  3 Years           -0.0111% PA            1.6139% PA
For  4 years           -0.0111% PA            1.8639% PA
For  5 years           -0.0111% PA            1.9889% PA
--------------------------------------------------------
POUND STERLING       VALUE 12.07.2021   VALUE 12.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1731% PA            0.5769% PA
For  6 months and over but less than
    12 months           0.1510% PA            0.5990% PA
For 12 Months           0.0814% PA            0.7936% PA
For  2 Years            0.0814% PA            1.2936% PA
For  3 Years            0.0814% PA            1.5436% PA
For  4 years            0.0814% PA            1.7936% PA
For  5 years            0.0814% PA            1.9186% PA
--------------------------------------------------------
EURO                 VALUE 12.07.2021   VALUE 12.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3021% PA            1.0521% PA
For  6 months and over but less than
    12 months           0.2797% PA            1.0297% PA
For 12 Months           0.2414% PA            1.1164% PA
For  2 Years            0.2414% PA            1.6164% PA
For  3 Years            0.2414% PA            1.8664% PA
For  4 years            0.2414% PA            2.1164% PA
For  5 years            0.2414% PA            2.2414% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 12.07.2021   VALUE 12.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1738% PA            0.5762% PA
For  6 months and over but less than
    12 months          -0.1842% PA            0.5658% PA
For 12 Months          -0.2045% PA            0.6705% PA
For  2 Years           -0.2045% PA            1.1705% PA
For  3 Years           -0.2045% PA            1.4205% PA
For  4 Years           -0.2045% PA            1.6705% PA
For  5 years           -0.2045% PA            1.7955% PA
========================================================

Copyright Business Recorder, 2021

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