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 Thursday (July 30, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 30-07-2020   VALUE 30-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0183% PA            0.7683% PAFor  6 months and over but less than    12 Months           0.0675% PA            0.8175% PAFor 12 months           0.2105% PA            1.0855% PAFor  2 Years            0.2105% PA            1.5855% PAFor  3 Years            0.2105% PA            1.8355% PAFor  4 years            0.2105% PA            2.0855% PAFor  5 years            0.2105% PA            2.2105% PA--------------------------------------------------------POUND STERLING       VALUE 30-07-2020   VALUE 30-07-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1581% PA            0.5919% PAFor  6 months and over but less than    12 months          -0.0768% PA            0.6733% PAFor 12 Months           0.0636% PA            0.9386% PAFor  2 Years            0.0636% PA            1.4386% PAFor  3 Years            0.0636% PA            1.6886% PAFor  4 years            0.0636% PA            1.9386% PAFor  5 years            0.0636% PA            2.0636% PA--------------------------------------------------------EURO                 VALUE 30-07-2020   VALUE 30-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1957% PA            0.9457% PAFor  6 months and over but less than    12 months           0.1720% PA            0.9220% PAFor 12 Months           0.0639% PA            0.9389% PAFor  2 Years            0.0639% PA            1.4389% PAFor  3 Years            0.0639% PA            1.6889% PAFor  4 years            0.0639% PA            1.9389% PAFor  5 years            0.0639% PA            2.0639% PA--------------------------------------------------------JAPANESE YEN         VALUE 30-07-2020   VALUE 30-07-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1893% PA            0.5607% PAFor  6 months and over but less than    12 months           0.2168% PA            0.5332% PAFor 12 Months           0.1497% PA            0.7253% PAFor  2 Years            0.1497% PA            1.2253% PAFor  3 Years            0.1497% PA            1.4753% PAFor  4 Years            0.1497% PA            1.7253% PAFor  5 years            0.1497% PA            1.8503% PA========================================================

Copyright Business Recorder, 2020