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 Tuesday (July 14, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 14-07-2020   VALUE 14-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0181% PA            0.7681% PAFor  6 months and over but less than    12 Months           0.0954% PA            0.8454% PAFor 12 months           0.2301% PA            1.1051% PAFor  2 Years            0.2301% PA            1.6051% PAFor  3 Years            0.2301% PA            1.8551% PAFor  4 years            0.2301% PA            2.1051% PAFor  5 years            0.2301% PA            2.2301% PA--------------------------------------------------------POUND STERLING       VALUE 14-07-2020   VALUE 14-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1569% PA            0.5931% PAFor  6 months and over but less than    12 months          -0.0271% PA            0.7229% PAFor 12 Months           0.1218% PA            0.9968% PAFor  2 Years            0.1218% PA            1.4968% PAFor  3 Years            0.1218% PA            1.7468% PAFor  4 years            0.1218% PA            1.9968% PAFor  5 years            0.1218% PA            2.1218% PA--------------------------------------------------------EURO                 VALUE 14-07-2020   VALUE 14-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1881% PA            0.9381% PAFor  6 months and over but less than    12 months           0.1100% PA            0.8600% PAFor 12 Months           0.0317% PA            0.9067% PAFor  2 Years            0.0317% PA            1.4067% PAFor  3 Years            0.0317% PA            1.6567% PAFor  4 years            0.0317% PA            1.9067% PAFor  5 years            0.0317% PA            2.0317% PA--------------------------------------------------------JAPANESE YEN         VALUE 14-07-2020   VALUE 14-07-2020--------------------------------------------------------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           0.2222% PA            0.5278% PAFor 12 Months           0.1517% PA            0.7233% PAFor  2 Years            0.1517% PA            1.2233% PAFor  3 Years            0.1517% PA            1.4733% PAFor  4 Years            0.1517% PA            1.7233% PAFor  5 years            0.1517% PA            1.8483% PA========================================================

Copyright Business Recorder, 2020