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 22, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 22-07-2020   VALUE 22-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0077% PA            0.7578% PAFor  6 months and over but less than    12 Months           0.0928% PA            0.8428% PAFor 12 months           0.2185% PA            1.0935% PAFor  2 Years            0.2185% PA            1.5935% PAFor  3 Years            0.2185% PA            1.8435% PAFor  4 years            0.2185% PA            2.0935% PAFor  5 years            0.2185% PA            2.2185% PA--------------------------------------------------------POUND STERLING       VALUE 22-07-2020   VALUE 22-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1740% PA            0.5760% PAFor  6 months and over but less than    12 months          -0.0661% PA            0.6839% PAFor 12 Months           0.0745% PA            0.9495% PAFor  2 Years            0.0745% PA            1.4495% PAFor  3 Years            0.0745% PA            1.6995% PAFor  4 years            0.0745% PA            1.9495% PAFor  5 years            0.0745% PA            2.0745% PA--------------------------------------------------------EURO                 VALUE 22-07-2020   VALUE 22-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1911% PA            0.9411% PAFor  6 months and over but less than    12 months           0.1493% PA            0.8993% PAFor 12 Months           0.0406% PA            0.9156% PAFor  2 Years            0.0406% PA            1.4156% PAFor  3 Years            0.0406% PA            1.6656% PAFor  4 years            0.0406% PA            1.9156% PAFor  5 years            0.0406% PA            2.0406% PA--------------------------------------------------------JAPANESE YEN         VALUE 22-07-2020   VALUE 22-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2060% PA            0.5440% PAFor  6 months and over but less than    12 months           0.2225% PA            0.5275% 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