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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 16, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 16.07.2021   VALUE 16.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1236% PA            0.6264% PA
For  6 months and over but less than
    12 Months           0.0993% PA            0.6508% PA
For 12 months          -0.0070% PA            0.8680% PA
For  2 Years           -0.0070% PA            1.3680% PA
For  3 Years           -0.0070% PA            1.6180% PA
For  4 years           -0.0070% PA            1.8680% PA
For  5 years           -0.0070% PA            1.9930% PA
--------------------------------------------------------
POUND STERLING       VALUE 16.07.2021   VALUE 16.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1705% PA            0.5795% PA
For  6 months and over but less than
    12 months           0.1555% PA            0.5945% PA
For 12 Months           0.0718% PA            0.8033% PA
For  2 Years            0.0718% PA            1.3033% PA
For  3 Years            0.0718% PA            1.5533% PA
For  4 years            0.0718% PA            1.8033% PA
For  5 years            0.0718% PA            1.9283% PA
--------------------------------------------------------
EURO                 VALUE 16.07.2021   VALUE 16.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3039% PA            1.0539% PA
For  6 months and over but less than
    12 months           0.2767% PA            1.0267% PA
For 12 Months           0.2360% PA            1.1110% PA
For  2 Years            0.2360% PA            1.6110% PA
For  3 Years            0.2360% PA            1.8610% PA
For  4 years            0.2360% PA            2.1110% PA
For  5 years            0.2360% PA            2.2360% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 16.07.2021   VALUE 16.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1675% PA            0.5825% PA
For  6 months and over but less than
    12 months          -0.1800% PA            0.5700% PA
For 12 Months          -0.2048% PA            0.6702% PA
For  2 Years           -0.2048% PA            1.1702% PA
For  3 Years           -0.2048% PA            1.4202% PA
For  4 Years           -0.2048% PA            1.6702% PA
For  5 years           -0.2048% PA            1.7952% PA
========================================================

Copyright Business Recorder, 2021

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