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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 Thursday (October 28, 2021).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 28.10.2021   VALUE 28.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months          -0.1141% PA            0.6359% PA
For  6 months and over but less than
    12 Months          -0.0738% PA            0.6763% PA
For 12 months           0.0728% PA            0.9478% PA
For  2 Years            0.0728% PA            1.4478% PA
For  3 Years            0.0728% PA            1.6978% PA
For  4 years            0.0728% PA            1.9478% PA
For  5 years            0.0728% PA            2.0728% PA
--------------------------------------------------------
POUND STERLING       VALUE 28.10.2021   VALUE 28.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.0460% PA            0.7040% PA
For  6 months and over but less than
    12 months           0.1484% PA            0.8984% PA
For 12 Months           0.4409% PA            1.3159% PA
For  2 Years            0.4409% PA            1.8159% PA
For  3 Years            0.4409% PA            2.0659% PA
For  4 years            0.4409% PA            2.3159% PA
For  5 years            0.4409% PA            2.4409% PA
--------------------------------------------------------
EURO                 VALUE 28.10.2021   VALUE 28.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.3106% PA            1.0606% PA
For  6 months and over but less than
    12 months           0.2934% PA            1.0434% PA
For 12 Months           0.2359% PA            1.1109% PA
For  2 Years            0.2359% PA            1.6109% PA
For  3 Years            0.2359% PA            1.8609% PA
For  4 years            0.2359% PA            2.1109% PA
For  5 years            0.2359% PA            2.2359% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 28.10.2021   VALUE 28.10.2021
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1650% PA            0.5850% PA
For  6 months and over but less than
    12 months           0.1843% PA            0.5657% PA
For 12 Months           0.1873% PA            0.6877% PA
For  2 Years            0.1873% PA            1.1877% PA
For  3 Years            0.1873% PA            1.4377% PA
For  4 Years            0.1873% PA            1.6877% PA
For  5 years            0.1873% PA            1.8127% PA
========================================================

Copyright Business Recorder, 2021

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