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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 24, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 24.09.2021   VALUE 24.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1208% PA            0.6293% PA
For  6 months and over but less than
    12 Months          -0.0945% PA            0.6555% PA
For 12 months          -0.0248% PA            0.8503% PA
For  2 Years           -0.0248% PA            1.3503% PA
For  3 Years           -0.0248% PA            1.6003% PA
For  4 years           -0.0248% PA            1.8503% PA
For  5 years           -0.0248% PA            1.9753% PA
--------------------------------------------------------
POUND STERLING       VALUE 24.09.2021   VALUE 24.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1754% PA            0.5746% PA
For  6 months and over but less than
    12 months          -0.1380% PA            0.6120% PA
For 12 Months           0.0106% PA            0.8856% PA
For  2 Years            0.0106% PA            1.3856% PA
For  3 Years            0.0106% PA            1.6356% PA
For  4 years            0.0106% PA            1.8856% PA
For  5 years            0.0106% PA            2.0106% PA
--------------------------------------------------------
EURO                 VALUE 24.09.2021   VALUE 24.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3067% PA            1.0567% PA
For  6 months and over but less than
    12 months           0.2866% PA            1.0366% PA
For 12 Months           0.2461% PA            1.1211% PA
For  2 Years            0.2461% PA            1.6211% PA
For  3 Years            0.2461% PA            1.8711% PA
For  4 years            0.2461% PA            2.1211% PA
For  5 years            0.2461% PA            2.2461% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 24.09.2021   VALUE 24.09.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1770% PA            0.5730% PA
For  6 months and over but less than
    12 months           0.1972% PA            0.5528% PA
For 12 Months           0.1877% PA            0.6873% PA
For  2 Years            0.1877% PA            1.1873% PA
For  3 Years            0.1877% PA            1.4373% PA
For  4 Years            0.1877% PA            1.6873% PA
For  5 years            0.1877% PA            1.8123% PA
========================================================

Copyright Business Recorder, 2021

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