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 (September 4, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 04.09.2020   VALUE 04.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0012% PA            0.7513% PAFor  6 months and over but less than    12 Months           0.0378% PA            0.7878% PAFor 12 months           0.1750% PA            1.0500% PAFor  2 Years            0.1750% PA            1.5500% PAFor  3 Years            0.1750% PA            1.8000% PAFor  4 years            0.1750% PA            2.0500% PAFor  5 years            0.1750% PA            2.1750% PA--------------------------------------------------------POUND STERLING       VALUE 04.09.2020   VALUE 04.09.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1878% PA            0.5623% PAFor  6 months and over but less than    12 months          -0.1256% PA            0.6244% PAFor 12 Months          -0.0239% PA            0.8511% PAFor  2 Years           -0.0239% PA            1.3511% PAFor  3 Years           -0.0239% PA            1.6011% PAFor  4 years           -0.0239% PA            1.8511% PAFor  5 years           -0.0239% PA            1.9761% PA--------------------------------------------------------EURO                 VALUE 04.09.2020   VALUE 04.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2546% PA            1.0046% PAFor  6 months and over but less than    12 months           0.2236% PA            0.9736% PAFor 12 Months           0.1331% PA            1.0081% PAFor  2 Years            0.1331% PA            1.5081% PAFor  3 Years            0.1331% PA            1.7581% PAFor  4 years            0.1331% PA            2.0081% PAFor  5 years            0.1331% PA            2.1331% PA--------------------------------------------------------JAPANESE YEN         VALUE 04.09.2020   VALUE 04.09.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1907% PA            0.5593% PAFor  6 months and over but less than    12 months           0.2040% PA            0.5460% PAFor 12 Months           0.1562% PA            0.7188% PAFor  2 Years            0.1562% PA            1.2188% PAFor  3 Years            0.1562% PA            1.4688% PAFor  4 Years            0.1562% PA            1.7188% PAFor  5 years            0.1562% PA            1.8438% PA========================================================

Copyright Business Recorder, 2020