Barclays bid rates and maximum rates for payment of interest

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 (July 8, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 08.07.2020   VALUE 08.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0265% PA            0.7765% PAFor  6 months and over but less than    12 Months           0.1143% PA            0.8643% PAFor 12 months           0.2656% PA            1.1406% PAFor  2 Years            0.2656% PA            1.6406% PAFor  3 Years            0.2656% PA            1.8906% PAFor  4 years            0.2656% PA            2.1406% PAFor  5 years            0.2656% PA            2.2656% PA--------------------------------------------------------POUND STERLING       VALUE 08.07.2020   VALUE 08.07.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1434% PA            0.6066% PAFor  6 months and over but less than    12 months           0.0313% PA            0.7813% PAFor 12 Months           0.1680% PA            1.0430% PAFor  2 Years            0.1680% PA            1.5430% PAFor  3 Years            0.1680% PA            1.7930% PAFor  4 years            0.1680% PA            2.0430% PAFor  5 years            0.1680% PA            2.1680% PA--------------------------------------------------------EURO                 VALUE 08.07.2020   VALUE 08.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1851% PA            0.9351% PAFor  6 months and over but less than    12 months           0.1039% PA            0.8539% PAFor 12 Months          -0.0031% PA            0.8781% PAFor  2 Years           -0.0031% PA            1.3781% PAFor  3 Years           -0.0031% PA            1.6281% PAFor  4 years           -0.0031% PA            1.8781% PAFor  5 years           -0.0031% PA            2.0031% PA--------------------------------------------------------JAPANESE YEN         VALUE 08.07.2020   VALUE 08.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2028% PA            0.5472% PAFor  6 months and over but less than    12 months           0.2273% PA            0.5263% PAFor 12 Months           0.1427% PA            0.7323% PAFor  2 Years            0.1427% PA            1.2323% PAFor  3 Years            0.1427% PA            1.4830% PAFor  4 Years            0.1427% PA            1.7330% PAFor  5 years            0.1427% PA            1.8573% PA========================================================

Copyright Business Recorder, 2020