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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 Wednesday (October 13, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 13.10.2021   VALUE 13.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1283% PA            0.6218% PA
For  6 months and over but less than
    12 Months          -0.0935% PA            0.6565% PA
For 12 months           0.0066% PA            0.8816% PA
For  2 Years            0.0066% PA            1.3816% PA
For  3 Years            0.0066% PA            1.6316% PA
For  4 years            0.0066% PA            1.8816% PA
For  5 years            0.0066% PA            2.0066% PA
--------------------------------------------------------
POUND STERLING       VALUE 13.10.2021   VALUE 13.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1364% PA            0.6136% PA
For  6 months and over but less than
    12 months          -0.0068% PA            0.7433% PA
For 12 Months           0.2694% PA            1.1444% PA
For  2 Years            0.2694% PA            1.6444% PA
For  3 Years            0.2694% PA            1.8944% PA
For  4 years            0.2694% PA            2.1444% PA
--------------------------------------------------------
EURO                 VALUE 13.10.2021   VALUE 13.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3191% PA            1.0691% PA
For  6 months and over but less than
    12 months           0.2883% PA            1.0383% PA
For 12 Months           0.2366% PA            1.1116% PA
For  2 Years            0.2366% PA            1.6116% PA
For  3 Years            0.2366% PA            1.8616% PA
For  4 years            0.2366% PA            2.1116% PA
For  5 years            0.2366% PA            2.2366% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 13.10.2021   VALUE 13.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1707% PA            0.5793% PA
For  6 months and over but less than
    12 months           0.2052% PA            0.5448% PA
For 12 Months           0.1868% PA            0.6882% PA
For  2 Years            0.1868% PA            1.1882% PA
For  3 Years            0.1868% PA            1.4382% PA
For  4 Years            0.1868% PA            1.6882% PA
For  5 years            0.1868% PA            1.8132% PA
========================================================

Copyright Business Recorder, 2021

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