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 Monday (August 24, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 24.08.2020   VALUE 24.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0061% PA            0.7561% PAFor  6 months and over but less than    12 Months           0.0486% PA            0.7986% PAFor 12 months           0.1906% PA            1.0656% PAFor  2 Years            0.1906% PA            1.5656% PAFor  3 Years            0.1906% PA            1.8156% PAFor  4 years            0.1906% PA            2.0656% PAFor  5 years            0.1906% PA            2.1906% PA--------------------------------------------------------POUND STERLING       VALUE 24.08.2020   VALUE 24.08.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1818% PA            0.5683% PAFor  6 months and over but less than    12 months          -0.1333% PA            0.6168% PAFor 12 Months           0.0077% PA            0.8828% PAFor  2 Years            0.0077% PA            1.3828% PAFor  3 Years            0.0077% PA            1.6328% PAFor  4 years            0.0077% PA            1.8828% PAFor  5 years            0.0077% PA            2.0078% PA--------------------------------------------------------EURO                 VALUE 24.08.2020   VALUE 24.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2649% PA            1.0149% PAFor  6 months and over but less than    12 months           0.2204% PA            0.9704% PAFor 12 Months           0.1104% PA            0.9854% PAFor  2 Years            0.1104% PA            1.4854% PAFor  3 Years            0.1104% PA            1.7354% PAFor  4 years            0.1104% PA            1.9854% PAFor  5 years            0.1104% PA            2.1104% PA--------------------------------------------------------JAPANESE YEN         VALUE 24.08.2020   VALUE 24.08.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1982% PA            0.5518% PAFor  6  months and over but less than    12 months           0.2087% PA            0.5413% 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