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 Friday (July 10, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 10.07.2020   VALUE 10.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0229% PA            0.7729% PAFor  6 months and over but less than    12 Months           0.1034% PA            0.8534% PAFor 12 months           0.2381% PA            1.1131% PAFor  2 Years            0.2381% PA            1.6131% PAFor  3 Years            0.2381% PA            1.8631% PAFor  4 years            0.2381% PA            2.1131% PAFor  5 years            0.2381% PA            2.2381% PA--------------------------------------------------------POUND STERLING       VALUE 10.07.2020   VALUE 10.07.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1346% PA            0.6154% PAFor  6 months and over but less than    12 months           0.0054% PA            0.7554% PAFor 12 Months           0.1334% PA            1.0084% PAFor  2 Years            0.1334% PA            1.5084% PAFor  3 Years            0.1334% PA            1.7584% PAFor  4 years            0.1334% PA            2.0084% PAFor  5 years            0.1334% PA            2.1334% PA--------------------------------------------------------EURO                 VALUE 10.07.2020   VALUE 10.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1816% PA            0.9316% PAFor  6 months and over but less than    12 months           0.0861% PA            0.8361% PAFor 12 Months           0.0024% PA            0.8774% PAFor  2 Years            0.0024% PA            1.3774% PAFor  3 Years            0.0024% PA            1.6274% PAFor  4 years            0.0024% PA            1.8774% PAFor  5 years            0.0024% PA            2.0024% PA--------------------------------------------------------JAPANESE YEN         VALUE 10.07.2020   VALUE 10.07.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2008% PA            0.5492% PAFor  6 months and over but less than    12 months           0.2203% PA            0.5297% PAFor 12 Months           0.1520% PA            0.7230% PAFor  2 Years            0.1520% PA            1.2230% PAFor  3 Years            0.1520% PA            1.4730% PAFor  4 Years            0.1520% PA            1.7230% PAFor  5 years            0.1520% PA            1.8480% PA========================================================

Copyright Business Recorder, 2020