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 (August 21, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 21.08.2020   VALUE 21.08.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0031% PA            0.7469% PAFor  6 months and over but less than    12 Months           0.0545% PA            0.8045% PAFor 12 months           0.1949% PA            1.0699% PAFor  2 Years            0.1949% PA            1.5699% PAFor  3 Years            0.1949% PA            1.8199% PAFor  4 years            0.1949% PA            2.0699% PAFor  5 years            0.1949% PA            2.1949% PA--------------------------------------------------------POUND STERLING       VALUE 21.08.2020   VALUE 21.08.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1826% PA            0.5674% PAFor  6 months and over but less than    12 months          -0.1326% PA            0.6174% PAFor 12 Months           0.0059% PA            0.8809% PAFor  2 Years            0.0059% PA            1.3809% PAFor  3 Years            0.0059% PA            1.6309% PAFor  4 years            0.0059% PA            1.8809% PAFor  5 years            0.0059% PA            2.0059% PA--------------------------------------------------------EURO                 VALUE 21.08.2020   VALUE 21.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2647% PA            1.0147% PAFor  6 months and over but less than    12 months           0.2227% PA            0.9727% PAFor 12 Months           0.1033% PA            0.9783% PAFor  2 Years            0.1033% PA            1.4783% PAFor  3 Years            0.1033% PA            1.7283% PAFor  4 years            0.1033% PA            1.9783% PAFor  5 years            0.1033% PA            2.1033% PA--------------------------------------------------------JAPANESE YEN         VALUE 21.08.2020   VALUE 21.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1958% PA            0.5542% PAFor  6 months and over but less than    12 months           0.2070% PA            0.5430% PAFor 12 Months           0.1415% PA            0.7335% PAFor  2 Years            0.1415% PA            1.2335% PAFor  3 Years            0.1415% PA            1.4835% PAFor  4 Years            0.1415% PA            1.7335% PAFor  5 years            0.1415% PA            1.8585% PA========================================================

Copyright Business Recorder, 2020