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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 Wednesday (July 14, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 14.07.2021   VALUE 14.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1171% PA            0.6329% PA
For  6 months and over but less than
    12 Months           0.0956% PA            0.6544% PA
For 12 months          -0.0055% PA            0.8695% PA
For  2 Years           -0.0055% PA            1.3695% PA
For  3 Years           -0.0055% PA            1.6195% PA
For  4 years           -0.0055% PA            1.8695% PA
For  5 years           -0.0055% PA            1.9945% PA
--------------------------------------------------------
POUND STERLING       VALUE 14.07.2021   VALUE 14.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1729% PA            0.5771% PA
For  6 months and over but less than
    12 months           0.1461% PA            0.6039% PA
For 12 Months           0.0769% PA            0.7981% PA
For  2 Years            0.0769% PA            1.2981% PA
For  3 Years            0.0769% PA            1.5481% PA
For  4 years            0.0769% PA            1.7981% PA
For  5 years            0.0769% PA            1.9231% PA
--------------------------------------------------------
EURO                 VALUE 14.07.2021   VALUE 14.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3046% PA            1.0546% PA
For  6 months and over but less than
    12 months           0.2766% PA            1.0266% PA
For 12 Months           0.2434% PA            1.1184% PA
For  2 Years            0.2434% PA            1.6184% PA
For  3 Years            0.2434% PA            1.8684% PA
For  4 years            0.2434% PA            2.1184% PA
For  5 years            0.2434% PA            2.2434% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 14.07.2021   VALUE 14.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1732% PA            0.5768% PA
For  6 months and over but less than
    12 months          -0.1810% PA            0.5690% PA
For 12 Months          -0.2055% PA            0.6695% PA
For  2 Years           -0.2055% PA            1.1695% PA
For  3 Years           -0.2055% PA            1.4195% PA
For  4 Years           -0.2055% PA            1.6695% PA
For  5 years           -0.2055% PA            1.7945% PA
========================================================

Copyright Business Recorder, 2021

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