Barclays bid rates and maximum rates for payment of interest

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 Wednesday (December 2, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 02.12.2020   VALUE 02.12.2020--------------------------------------------------------For  3 months and over but less than     6 months          -0.0224% PA            0.7276% PAFor  6 months and over but less than    12 Months           0.0050% PA            0.7550% PAFor 12 months           0.0803% PA            0.9553% PAFor  2 Years            0.0803% PA            1.4553% PAFor  3 Years            0.0803% PA            1.7053% PAFor  4 years            0.0803% PA            1.9553% PAFor  5 years            0.0803% PA            2.0803% PA--------------------------------------------------------POUND STERLING       VALUE 02.12.2020   VALUE 02.12.2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2054% PA            0.5446% PAFor  6 months and over but less than    12 months          -0.1856% PA            0.5644% 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 02.12.2020   VALUE 02.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.3016% PA            1.0516% PAFor  6 months and over but less than    12 months           0.2671% PA            1.0171% PAFor 12 Months           0.2281% PA            1.1031% PAFor  2 Years            0.2281% PA            1.6031% PAFor  3 Years            0.2281% PA            1.8531% PAFor  4 years            0.2281% PA            2.1031% PAFor  5 years            0.2281% PA            2.2281% PA--------------------------------------------------------JAPANESE YEN         VALUE 02.12.2020   VALUE 02.12.2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1330% PA            0.6170% PAFor  6 months and over but less than    12 months           0.1860% PA            0.5640% PAFor 12 Months           0.1972% PA            0.6778% PAFor  2 Years            0.1972% PA            1.1778% PAFor  3 Years            0.1972% PA            1.4278% PAFor  4 Years            0.1972% PA            1.6778% PAFor  5 years            0.1972% PA            1.8028% PA========================================================

Copyright Business Recorder, 2020