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 (August 18, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 18 08 2020   VALUE 18 08 2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0204% PA            0.7704% PAFor  6 months and over but less than    12 Months           0.0825% PA            0.8325% PAFor 12 months           0.2109% PA            1.0859% PAFor  2 Years            0.2109% PA            1.5859% PAFor  3 Years            0.2109% PA            1.8359% PAFor  4 years            0.2109% PA            2.0859% PAFor  5 years            0.2109% PA            2.2109% PA--------------------------------------------------------POUND STERLING       VALUE 18-08 2020   VALUE 18 08 2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1785% PA            0.5715% PAFor  6 months and over but less than    12 months          -0.1249% PA            0.6251% PAFor 12 Months           0.0220% PA            0.8970% PAFor  2 Years            0.0220% PA            1.3970% PAFor  3 Years            0.0220% PA            1.6470% PAFor  4 years            0.0220% PA            1.8970% PAFor  5 years            0.0220% PA            2.0220% PA--------------------------------------------------------EURO                 VALUE 18 08 2020   VALUE 18 08 2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2634% PA            1.0134% PAFor  6 months and over but less than    12 months           0.2179% PA            0.9679% PAFor 12 Months           0.0971% PA            0.9721% PAFor  2 Years            0.0971% PA            1.4721% PAFor  3 Years            0.0971% PA            1.7221% PAFor  4 years            0.0971% PA            1.9721% PAFor  5 years            0.0971% PA            2.0971% PA--------------------------------------------------------JAPANESE YEN         VALUE 18 08 2020   VALUE 18 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           0.2295% PA            0.5205% PAFor 12 Months           0.1432% PA            0.7318% PAFor  2 Years            0.1432% PA            1.2318% PAFor  3 Years            0.1432% PA            1.4818% PAFor  4 Years            0.1432% PA            1.7318% PAFor  5 years            0.1432% PA            1.8568% PA========================================================

Copyright Business Recorder, 2020