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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 (September 17, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 17.09.2021   VALUE 17.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1300% PA            0.6200% PA
For  6 months and over but less than
    12 Months          -0.1016% PA            0.6484% PA
For 12 months          -0.0284% PA            0.8466% PA
For  2 Years           -0.0284% PA            1.3466% PA
For  3 Years           -0.0284% PA            1.5966% PA
For  4 years           -0.0284% PA            1.8466% PA
For  5 years           -0.0284% PA            1.9716% PA
--------------------------------------------------------
POUND STERLING       VALUE 17.09.2021   VALUE 17.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1804% PA            0.5696% PA
For  6 months and over but less than
    12 months          -0.1436% PA            0.6064% PA
For 12 Months          -0.0020% PA            0.8730% PA
For  2 Years           -0.0020% PA            1.3730% PA
For  3 Years           -0.0020% PA            1.6230% PA
For  4 years           -0.0020% PA            1.8730% PA
For  5 years           -0.0020% PA            1.9980% PA
--------------------------------------------------------
EURO                 VALUE 17.09.2021   VALUE 17.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3104% PA            1.0604% PA
For  6 months and over but less than
    12 months           0.2844% PA            1.0344% PA
For 12 Months           0.2453% PA            1.1203% PA
For  2 Years            0.2453% PA            1.6203% PA
For  3 Years            0.2453% PA            1.8703% PA
For  4 years            0.2453% PA            2.1203% PA
For  5 years            0.2453% PA            2.2453% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 17.09.2021   VALUE 17.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1595% PA            0.5905% PA
For  6 months and over but less than
    12 months           0.1850% PA            0.5650% PA
For 12 Months           0.1888% PA            0.6862% PA
For  2 Years            0.1888% PA            1.1862% PA
For  3 Years            0.1888% PA            1.4362% PA
For  4 Years            0.1888% PA            1.6862% PA
For  5 years            0.1888% PA            1.8112% PA
========================================================

Copyright Business Recorder, 2021

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