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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 23, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 23.07.2021   VALUE 23.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1158% PA            0.6343% PA
For  6 months and over but less than
    12 Months           0.0983% PA            0.6518% PA
For 12 months          -0.0084% PA            0.8666% PA
For  2 Years           -0.0084% PA            1.3666% PA
For  3 Years           -0.0084% PA            1.6166% PA
For  4 years           -0.0084% PA            1.8666% PA
For  5 years           -0.0084% PA            1.9916% PA
--------------------------------------------------------
POUND STERLING       VALUE 23.07.2021   VALUE 23.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months           0.1755% PA            0.5745% PA
For  6 months and over but less than
    12 months           0.1511% PA            0.5989% PA
For 12 Months           0.0524% PA            0.8226% PA
For  2 Years            0.0524% PA            1.3226% PA
For  3 Years            0.0524% PA            1.5726% PA
For  4 years            0.0524% PA            1.8226% PA
For  5 years            0.0524% PA            1.9476% PA
--------------------------------------------------------
EURO                 VALUE 23.07.2021   VALUE 23.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3060% PA            1.0560% PA
For  6 months and over but less than
    12 months           0.2751% PA            1.0251% PA
For 12 Months           0.2361% PA            1.1111% PA
For  2 Years            0.2361% PA            1.6111% PA
For  3 Years            0.2361% PA            1.8611% PA
For  4 years            0.2361% PA            2.1111% PA
For  5 years            0.2361% PA            2.2361% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 23.07.2021   VALUE 23.07.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1677% PA            0.5823% PA
For  6 months and over but less than
    12 months          -0.1832% PA            0.5668% PA
For 12 Months          -0.2080% PA            0.6670% PA
For  2 Years           -0.2080% PA            1.1670% PA
For  3 Years           -0.2080% PA            1.4170% PA
For  4 Years           -0.2080% PA            1.6670% PA
For  5 years           -0.2080% PA            1.7920% PA
========================================================

Copyright Business Recorder, 2021

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