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 Thursday (October 15, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 15.10.2020   VALUE 15.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0131% PA            0.7369% PAFor  6 months and over but less than    12 Months          -0.0045% PA            0.7545% PAFor 12 months           0.0955% PA            0.9705% PAFor  2 Years            0.0955% PA            1.4705% PAFor  3 Years            0.0955% PA            1.7205% PAFor  4 years            0.0955% PA            1.9705% PAFor  5 years            0.0955% PA            2.0955% PA--------------------------------------------------------POUND STERLING         VALUE 15.10.20   VALUE 15.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2036% PA            0.5464% PAFor  6 months and over but less than    12 months          -0.1691% PA            0.5809% PAFor 12 Months          -0.1061% PA            0.7689% PAFor  2 Years           -0.1061% PA            1.2689% PAFor  3 Years           -0.1061% PA            1.5189% PAFor  4 years           -0.1061% PA            1.7689% PAFor  5 years           -0.1061% PA            1.8939% PA--------------------------------------------------------EURO                   VALUE 15.10.20   VALUE 15.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2801% PA            1.0301% PAFor  6 months and over but less than    12 months           0.2543% PA            0.0043% PAFor 12 Months           0.2080% PA            1.0830% PAFor  2 Years            0.2080% PA            1.5830% PAFor  3 Years            0.2080% PA            1.8330% PAFor  4 years            0.2080% PA            2.0830% PAFor  5 years            0.2080% PA            2.2080% PA--------------------------------------------------------JAPANESE YEN           VALUE 15.10.20   VALUE 15.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1490% PA            0.6010% PAFor  6 months and over but less than    12 months           0.1887% PA            0.5613% PAFor 12 Months           0.2063% PA            0.6687% PAFor  2 Years            0.2063% PA            1.1687% PAFor  3 Years            0.2063% PA            1.4187% PAFor  4 Years            0.2063% PA            1.6687% PAFor  5 years            0.2063% PA            1.7937% PA========================================================

Copyright Business Recorder, 2020