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 Thursday (July 9, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 09.07.2020   VALUE 09.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0184% PA            0.7684% PAFor  6 months and over but less than    12 Months           0.1103% PA            0.8603% PAFor 12 months           0.2423% PA            1.1173% PAFor  2 Years            0.2423% PA            1.6173% PAFor  3 Years            0.2423% PA            1.8673% PAFor  4 years            0.2423% PA            2.1173% PAFor  5 years            0.2423% PA            2.2423% PA--------------------------------------------------------POUND STERLING       VALUE 09.07.2020   VALUE 09.07.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1300% PA            0.6200% PAFor  6 months and over but less than    12 months           0.0121% PA            0.7621% PAFor 12 Months           0.1426% PA            1.0176% PAFor  2 Years            0.1426% PA            1.5176% PAFor  3 Years            0.1426% PA            1.7676% PAFor  4 years            0.1426% PA            2.0176% PAFor  5 years            0.1426% PA            2.1426% PA--------------------------------------------------------EURO                 VALUE 09.07.2020   VALUE 09.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1779% PA            0.9279% PAFor  6 months and over but less than    12 months           0.0933% PA            0.8433% PAFor 12 Months          -0.0037% PA            0.8787% PAFor  2 Years           -0.0037% PA            1.3787% PAFor  3 Years           -0.0037% PA            1.6287% PAFor  4 years           -0.0037% PA            1.8787% PAFor  5 years           -0.0037% PA            2.0037% PA--------------------------------------------------------JAPANESE YEN         VALUE 09.07.2020   VALUE 09.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2027% PA            0.5473% PAFor  6 months and over but less than    12 months           0.2183% PA            0.5317% PAFor 12 Months           0.1468% PA            0.7282% PAFor  2 Years            0.1468% PA            1.2282% PAFor  3 Years            0.1468% PA            1.4782% PAFor  4 Years            0.1468% PA            1.7282% PAFor  5 years            0.1468% PA            1.8532% PA========================================================

Copyright Business Recorder, 2020