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 (October 2, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 02.10.2020   VALUE 02.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0161% PA            0.7339% PAFor  6 months and over but less than    12 Months           0.0097% PA            0.7598% PAFor 12 months           0.1101% PA            0.9851% PAFor  2 Years            0.1101% PA            1.4851% PAFor  3 Years            0.1101% PA            1.7351% PAFor  4 years            0.1101% PA            1.9851% PAFor  5 years            0.1101% PA            2.1101% PA--------------------------------------------------------POUND STERLING       VALUE 02.10.2020   VALUE 02.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1891% PA            0.5609% PAFor  6 months and over but less than    12 months          -0.1625% PA            0.5875% PAFor 12 Months          -0.0986% PA            0.7764% PAFor  2 Years           -0.0986% PA            1.2764% PAFor  3 Years           -0.0986% PA            1.5264% PAFor  4 years           -0.0986% PA            1.7764% PAFor  5 years           -0.0986% PA            1.9014% PA--------------------------------------------------------EURO                 VALUE 02.10.2020   VALUE 02.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2697% PA            1.0197% PAFor  6 months and over but less than    12 months           0.2439% PA            0.9939% PAFor 12 Months           0.1853% PA            1.0603% PAFor  2 Years            0.1853% PA            1.5603% PAFor  3 Years            0.1853% PA            1.8103% PAFor  4 years            0.1853% PA            2.0603% PAFor  5 years            0.1853% PA            2.1853% PA--------------------------------------------------------JAPANESE YEN         VALUE 02.10.2020   VALUE 02.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1462% PA            0.6038% PAFor  6 months and over but less than    12 months           0.1970% PA            0.5530% PAFor 12 Months           0.2058% PA            0.6692% PAFor  2 Years            0.2058% PA            1.1692% PAFor  3 Years            0.2058% PA            1.4192% PAFor  4 Years            0.2058% PA            1.6692% PAFor  5 years            0.2058% PA            1.7942% PA========================================================

Copyright Business Recorder, 2020