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 (October 26, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 26.10.2020   VALUE 26.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0353% PA            0.7148% PAFor  6 months and over but less than    12 Months          -0.0040% PA            0.7460% PAFor 12 months           0.0851% PA            0.9601% PAFor  2 Years            0.0851% PA            1.4601% PAFor  3 Years            0.0851% PA            1.7101% PAFor  4 years            0.0851% PA            1.9601% PAFor  5 years            0.0851% PA            2.0851% PA--------------------------------------------------------POUND STERLING       VALUE 26.10.2020   VALUE 26.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2011% PA            0.5489% PAFor  6 months and over but less than    12 months          -0.1794% PA            0.5706% PAFor 12 Months          -0.1206% PA            0.7544% PAFor  2 Years           -0.1206% PA            1.2544% PAFor  3 Years           -0.1206% PA            1.5044% PAFor  4 years           -0.1206% PA            1.7544% PAFor  5 years           -0.1206% PA            1.8794% PA--------------------------------------------------------EURO                 VALUE 26.10.2020   VALUE 26.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2807% PA            1.0307% PAFor  6 months and over but less than    12 months           0.2580% PA            1.0080% PAFor 12 Months           0.2093% PA            1.0843% PAFor  2 Years            0.2093% PA            1.5843% PAFor  3 Years            0.2093% PA            1.8343% PAFor  4 years            0.2093% PA            2.0843% PAFor  5 years            0.2093% PA            2.2093% PA--------------------------------------------------------JAPANESE YEN         VALUE 26.10.2020   VALUE 26.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1503% PA            0.5997% PAFor  6 months and over but less than    12 months           0.1915% PA            0.5585% PAFor 12 Months           0.2017% PA            0.6733% PAFor  2 Years            0.2017% PA            1.1733% PAFor  3 Years            0.2017% PA            1.4233% PAFor  4 Years            0.2017% PA            1.6733% PAFor  5 years            0.2017% PA            1.7983% PA========================================================

Copyright Business Recorder, 2020