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 (February 1, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 01.02.2021   VALUE 01.02.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.0450% PA            0.7050% PAFor  6 months and over but less than    12 Months          -0.0299% PA            0.7201% PAFor 12 months           0.0608% PA            0.9358% PAFor  2 Years            0.0608% PA            1.4358% PAFor  3 Years            0.0608% PA            1.6858% PAFor  4 years            0.0608% PA            1.9358% PAFor  5 years            0.0608% PA            2.0608% PA--------------------------------------------------------POUND STERLING       VALUE 01.02.2021   VALUE 01.02.2021--------------------------------------------------------For  3 months and over but less than     6 Months          -0.2128% PA            0.5373% PAFor  6 months and over but less than    12 months          -0.2065% PA            0.5435% PAFor 12 Months          -0.1713% PA            0.7038% PAFor  2 Years           -0.1713% PA            1.2038% PAFor  3 Years           -0.1713% PA            1.4538% PAFor  4 years           -0.1713% PA            1.7038% PAFor  5 years           -0.1713% PA            1.8288% PA--------------------------------------------------------EURO                 VALUE 01.02.2021   VALUE 01.02.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2933% PA            1.0433% PAFor  6 months and over but less than    12 months           0.2886% PA            1.0386% PAFor 12 Months           0.2570% PA            1.1320% PAFor  2 Years            0.2570% PA            1.6320% PAFor  3 Years            0.2570% PA            1.8820% PAFor  4 years            0.2570% PA            2.1320% PAFor  5 years            0.2570% PA            2.2570% PA--------------------------------------------------------JAPANESE YEN         VALUE 01.02.2021   VALUE 01.02.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1545% PA            0.5955% PAFor  6 months and over but less than    12 months           0.1800% PA            0.5700% PAFor 12 Months           0.2078% PA            0.6672% PAFor  2 Years            0.2078% PA            1.1672% PAFor  3 Years            0.2078% PA            1.4172% PAFor  4 Years            0.2078% PA            1.6672% PAFor  5 years            0.2078% PA            1.7922% PA========================================================

Copyright Business Recorder, 2021