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 29, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 29.10.2020   VALUE 29.10.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0368% PA            0.7133% PAFor  6 months and over but less than    12 Months          -0.0035% PA            0.7465% PAFor 12 months           0.0818% PA            0.9568% PAFor  2 Years            0.0818% PA            1.4568% PAFor  3 Years            0.0818% PA            1.7068% PAFor  4 years            0.0818% PA            1.9568% PAFor  5 years            0.0818% PA            2.0818% PA--------------------------------------------------------POUND STERLING       VALUE 29.10.2020   VALUE 29.10.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2010% PA            0.5490% PAFor  6 months and over but less than    12 months          -0.1905% PA            0.5595% PAFor 12 Months          -0.1170% PA            0.7580% PAFor  2 Years           -0.1170% PA            1.2580% PAFor  3 Years           -0.1170% PA            1.5080% PAFor  4 years           -0.1170% PA            1.7580% PAFor  5 years           -0.1170% PA            1.8830% PA--------------------------------------------------------EURO                 VALUE 29.10.2020   VALUE 29.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.2804% PA            1.0304% PAFor  6 months and over but less than    12 months           0.2624% PA            1.0124% PAFor 12 Months           0.2087% PA            1.0837% PAFor  2 Years            0.2087% PA            1.5837% PAFor  3 Years            0.2087% PA            1.8337% PAFor  4 years            0.2087% PA            2.0837% PAFor  5 years            0.2087% PA            2.2087% PA--------------------------------------------------------JAPANESE YEN         VALUE 29.10.2020   VALUE 29.10.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1487% PA            0.6013% PAFor  6 months and over but less than    12 months           0.1850% PA            0.5650% PAFor 12 Months           0.2050% PA            0.6700% PAFor  2 Years            0.2050% PA            1.1700% PAFor  3 Years            0.2050% PA            1.4200% PAFor  4 Years            0.2050% PA            1.6700% PAFor  5 years            0.2050% PA            1.7950% PA========================================================

Copyright Business Recorder, 2020