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 (August 6, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 07.08.2020   VALUE 07.08.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0080% PA            0.7420% PAFor  6 months and over but less than    12 Months           0.0484% PA            0.7984% PAFor 12 months           0.1935% PA            1.0685% PAFor  2 Years            0.1935% PA            1.5685% PAFor  3 Years            0.1935% PA            1.8185% PAFor  4 years            0.1935% PA            2.0685% PAFor  5 years            0.1935% PA            2.1935% PA--------------------------------------------------------POUND STERLING       VALUE 07.08.2020   VALUE 07.08.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1784% PA            0.5716% PAFor  6 months and over but less than    12 months          -0.1064% PA            0.6436% PAFor 12 Months           0.0431% PA            0.9181% PAFor  2 Years            0.0431% PA            1.4181% PAFor  3 Years            0.0431% PA            1.6681% PAFor  4 years            0.0431% PA            1.9181% PAFor  5 years            0.0431% PA            2.0431% PA--------------------------------------------------------EURO                 VALUE 07.08.2020   VALUE 07.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2194% PA            0.9694% PAFor  6 months and over but less than    12 months           0.2041% PA            0.9541% PAFor 12 Months           0.0976% PA            0.9726% PAFor  2 Years            0.0976% PA            1.4726% PAFor  3 Years            0.0976% PA            1.7226% PAFor  4 years            0.0976% PA            1.9726% PAFor  5 years            0.0976% PA            2.0976% PA--------------------------------------------------------JAPANESE YEN         VALUE 07.08.2020   VALUE 07.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1955% PA            0.5545% PAFor  6 months and over but less than    12 months           0.2205% PA            0.5295% PAFor 12 Months           0.1467% PA            0.7283% PAFor  2 Years            0.1467% PA            1.2283% PAFor  3 Years            0.1467% PA            1.4783% PAFor  4 Years            0.1467% PA            1.7283% PAFor  5 years            0.1467% PA            1.8533% PA========================================================

Copyright Business Recorder, 2020