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 24, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 24-07-2020   VALUE 24-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0135% PA            0.7635% PAFor  6 months and over but less than    12 Months           0.0775% PA            0.8275% PAFor 12 months           0.2133% PA            1.0883% PAFor  2 Years            0.2133% PA            1.5883% PAFor  3 Years            0.2133% PA            1.8383% PAFor  4 years            0.2133% PA            2.0883% PAFor  5 years            0.2133% PA            2.2133% PA--------------------------------------------------------POUND STERLING       VALUE 24-07-2020   VALUE 24-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1720% PA            0.5780% PAFor  6 months and over but less than    12 months          -0.0714% PA            0.6786% PAFor 12 Months           0.0684% PA            0.9434% PAFor  2 Years            0.0684% PA            1.4434% PAFor  3 Years            0.0684% PA            1.6934% PAFor  4 years            0.0684% PA            1.9434% PAFor  5 years            0.0684% PA            2.0684% PA--------------------------------------------------------EURO                 VALUE 24-07-2020   VALUE 24-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1864% PA            0.9364% PAFor  6 months and over but less than    12 months           0.1590% PA            0.9090% PAFor 12 Months           0.0551% PA            0.9301% PAFor  2 Years            0.0551% PA            1.4301% PAFor  3 Years            0.0551% PA            1.6801% PAFor  4 years            0.0551% PA            1.9301% PAFor  5 years            0.0551% PA            2.0551% PA--------------------------------------------------------JAPANESE YEN         VALUE 24-07-2020   VALUE 24-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2022% PA            0.5478% PAFor  6 months and over but less than    12 months           0.2195% PA            0.5305% PAFor 12 Months           0.1457% PA            0.7293% PAFor  2 Years            0.1457% PA            1.2293% PAFor  3 Years            0.1457% PA            1.4793% PAFor  4 Years            0.1457% PA            1.7293% PAFor  5 years            0.1457% PA            1.8543% PA========================================================

Copyright Business Recorder, 2020