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 Tuesday (March 16, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 16.03.2021   VALUE 16.03.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.0605% PA            0.6895% PAFor  6 months and over but less than    12 Months          -0.0560% PA            0.6940% PAFor 12 months           0.0281% PA            0.9031% PAFor  2 Years            0.0281% PA            1.4031% PAFor  3 Years            0.0281% PA            1.6531% PAFor  4 years            0.0281% PA            1.9031% PAFor  5 years            0.0281% PA            2.0281% PA--------------------------------------------------------POUND STERLING       VALUE 16.03.2021   VALUE 16.03.2021--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1705% PA            0.5795% PAFor  6 months and over but less than    12 months          -0.1484% PA            0.6016% PAFor 12 Months          -0.0961% PA            0.7789% PAFor  2 Years           -0.0961% PA            1.2789% PAFor  3 Years           -0.0961% PA            1.5289% PAFor  4 years           -0.0961% PA            1.7789% PAFor  5 years           -0.0961% PA            1.9039% PA--------------------------------------------------------EURO                 VALUE 16.03.2021   VALUE 16.03.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2989% PA            1.0489% PAFor  6 months and over but less than    12 months           0.2731% PA            1.0231% PAFor 12 Months           0.2393% PA            1.1143% PAFor  2 Years            0.2393% PA            1.6143% PAFor  3 Years            0.2393% PA            1.8643% PAFor  4 years            0.2393% PA            2.1143% PAFor  5 years            0.2393% PA            2.2393% PA--------------------------------------------------------JAPANESE YEN         VALUE 16.03.2021   VALUE 16.03.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1647% PA            0.5853% PAFor  6 months and over but less than    12 months           0.1987% PA            0.5513% PAFor 12 Months          -0.2037% PA            0.6713% PAFor  2 Years           -0.2037% PA            1.1713% PAFor  3 Years           -0.2037% PA            1.4213% PAFor  4 Years           -0.2037% PA            1.6713% PAFor  5 years           -0.2037% PA            1.7963% PA========================================================

Copyright Business Recorder, 2021