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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 Tuesday (August 24, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24.08.2021   VALUE 24.08.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1216% PA            0.6284% PA
For  6 months and over but less than
    12 Months          -0.0974% PA            0.6526% PA
For 12 months          -0.0134% PA            0.8616% PA
For  2 Years           -0.0134% PA            1.3616% PA
For  3 Years           -0.0134% PA            1.6116% PA
For  4 years           -0.0134% PA            1.8616% PA
For  5 years           -0.0134% PA            1.9866% PA
--------------------------------------------------------
POUND STERLING       VALUE 24.08.2021   VALUE 24.08.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1816% PA            0.5684% PA
For  6 months and over but less than
    12 months          -0.1569% PA            0.5931% PA
For 12 Months          -0.0404% PA            0.8346% PA
For  2 Years           -0.0404% PA            1.3346% PA
For  3 Years           -0.0404% PA            1.5846% PA
For  4 years           -0.0404% PA            1.8346% PA
For  5 years           -0.0404% PA            1.9596% PA
--------------------------------------------------------
EURO                 VALUE 24.08.2021   VALUE 24.08.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3084% PA            1.0584% PA
For  6 months and over but less than
    12 months           0.2963% PA            1.0463% PA
For 12 Months           0.2531% PA            1.1281% PA
For  2 Years            0.2531% PA            1.6281% PA
For  3 Years            0.2531% PA            1.8781% PA
For  4 years            0.2531% PA            2.1281% PA
For  5 years            0.2531% PA            2.2531% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24.08.2021   VALUE 24.08.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1508% PA            0.5992% PA
For  6 months and over but less than
    12 months           0.1817% PA            0.5683% PA
For 12 Months           0.1945% PA            0.6805% PA
For  2 Years            0.1945% PA            1.1805% PA
For  3 Years            0.1945% PA            1.4305% PA
For  4 Years            0.1945% PA            1.6805% PA
For  5 years            0.1945% PA            1.8055% PA
========================================================

Copyright Business Recorder, 2021

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