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 (August 19, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 19 08 2020   VALUE 19 08 2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0178% PA            0.7678% PAFor  6 months and over but less than    12 Months           0.0696% PA            0.8196% PAFor 12 months           0.2104% PA            1.0854% PAFor  2 Years            0.2104% PA            1.5854% PAFor  3 Years            0.2104% PA            1.8354% PAFor  4 years            0.2104% PA            2.0854% PAFor  5 years            0.2104% PA            2.2104% PA--------------------------------------------------------POUND STERLING       VALUE 19-08 2020   VALUE 19 08 2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1766% PA            0.5734% PAFor  6 months and over but less than    12 months          -0.1190% PA            0.6310% PAFor 12 Months           0.0155% PA            0.8905% PAFor  2 Years            0.0155% PA            1.3905% PAFor  3 Years            0.0155% PA            1.6405% PAFor  4 years            0.0155% PA            1.8905% PAFor  5 years            0.0155% PA            2.0155% PA--------------------------------------------------------EURO                 VALUE 19 08 2020   VALUE 19 08 2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2630% PA            1.0130% PAFor  6 months and over but less than    12 months           0.2191% PA            0.9691% PAFor 12 Months           0.1021% PA            0.9771% PAFor  2 Years            0.1021% PA            1.4771% PAFor  3 Years            0.1021% PA            1.7271% PAFor  4 years            0.1021% PA            1.9771% PAFor  5 years            0.1021% PA            2.1021% PA--------------------------------------------------------JAPANESE YEN         VALUE 19 08 2020   VALUE 19 08 2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1948% PA            0.5552% PAFor  6 months and over but less than    12 months           0.2072% PA            0.5428% PAFor 12 Months           0.1412% PA            0.7338% PAFor  2 Years            0.1412% PA            1.2338% PAFor  3 Years            0.1412% PA            1.4838% PAFor  4 Years            0.1412% PA            1.7338% PAFor  5 years            0.1412% PA            1.8588% PA========================================================

Copyright Business Recorder, 2020