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 (May 17, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 17.05.2021   VALUE 17.05.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.0941% PA            0.6559% PAFor  6 months and over but less than    12 Months          -0.0574% PA            0.6926% PAFor 12 months           0.0146% PA            0.8896% PAFor  2 Years            0.0146% PA            1.3896% PAFor  3 Years            0.0146% PA            1.6396% PAFor  4 years            0.0146% PA            1.8896% PAFor  5 years            0.0146% PA            2.0146% PA--------------------------------------------------------POUND STERLING       VALUE 17.05.2021   VALUE 17.05.2021--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1666% PA            0.5834% PAFor  6 months and over but less than    12 months          -0.1454% PA            0.6046% PAFor 12 Months          -0.0789% PA            0.7961% PAFor  2 Years           -0.0789% PA            1.2961% PAFor  3 Years           -0.0789% PA            1.5461% PAFor  4 years           -0.0789% PA            1.7961% PAFor  5 years           -0.0789% PA            1.9211% PA--------------------------------------------------------EURO                 VALUE 17.05.2021   VALUE 17.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2967% PA            1.0467% PAFor  6 months and over but less than    12 months           0.2751% PA            1.0251% PAFor 12 Months           0.2376% PA            1.1126% PAFor  2 Years            0.2376% PA            1.6126% PAFor  3 Years            0.2376% PA            1.8626% PAFor  4 years            0.2376% PA            2.1126% PAFor  5 years            0.2376% PA            2.2376% PA--------------------------------------------------------JAPANESE YEN         VALUE 17.05.2021   VALUE 17.05.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1618% PA            0.5882% PAFor  6 months and over but less than    12 months          -0.2065% PA            0.5435% PAFor 12 Months          -0.1938% PA            0.6812% PAFor  2 Years           -0.1938% PA            1.1812% PAFor  3 Years           -0.1938% PA            1.4312% PAFor  4 Years           -0.1938% PA            1.6812% PAFor  5 years           -0.1938% PA            1.8062% PA========================================================

Copyright Business Recorder, 2021