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 Monday (July 13, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 13-07-2020   VALUE 13-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0163% PA            0.7663% PAFor  6 months and over but less than    12 Months           0.0985% PA            0.8485% PAFor 12 months           0.2341% PA            1.1091% PAFor  2 Years            0.2341% PA            1.6091% PAFor  3 Years            0.2341% PA            1.8591% PAFor  4 years            0.2341% PA            2.1091% PAFor  5 years            0.2341% PA            2.2341% PA--------------------------------------------------------POUND STERLING       VALUE 13-07-2020   VALUE 13-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1570% PA            0.5930% PAFor  6 months and over but less than    12 months          -0.0005% PA            0.7495% PAFor 12 Months           0.1308% PA            1.0058% PAFor  2 Years            0.1308% PA            1.5058% PAFor  3 Years            0.1308% PA            1.7558% PAFor  4 years            0.1308% PA            2.0058% PAFor  5 years            0.1308% PA            2.1308% PA--------------------------------------------------------EURO                 VALUE 13-07-2020   VALUE 13-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1893% PA            0.9393% PAFor  6 months and over but less than    12 months           0.1131% PA            0.8631% PAFor 12 Months           0.0221% PA            0.8971% PAFor  2 Years            0.0221% PA            1.3971% PAFor  3 Years            0.0221% PA            1.6471% PAFor  4 years            0.0221% PA            1.8971% PAFor  5 years            0.0221% PA            2.0221% PA--------------------------------------------------------JAPANESE YEN         VALUE 13-07-2020   VALUE 13-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2010% PA            0.5490% PAFor  6 months and over but less than    12 months           0.2147% PA            0.5353% PAFor 12 Months           0.1522% PA            0.7228% PAFor  2 Years            0.1522% PA            1.2228% PAFor  3 Years            0.1522% PA            1.4728% PAFor  4 Years            0.1522% PA            1.7228% PAFor  5 years            0.1522% PA            1.8478% PA========================================================

Copyright Business Recorder, 2020