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 (May 20, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 20.05.2021   VALUE 20.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.0948% PA            0.6553% PAFor  6 months and over but less than    12 Months           0.0663% PA            0.6838% PAFor 12 months          -0.0128% PA            0.8878% PAFor  2 Years            0.0128% PA            1.3878% PAFor  3 Years            0.0128% PA            1.6378% PAFor  4 years            0.0128% PA            1.8878% PAFor  5 years            0.0128% PA            2.0128% PA--------------------------------------------------------POUND STERLING       VALUE 20.05.2021   VALUE 20.05.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1625% PA            0.5875% PAFor  6 months and over but less than    12 months           0.1465% PA            0.6035% PAFor 12 Months           0.0854% PA            0.7896% PAFor  2 Years            0.0854% PA            1.2896% PAFor  3 Years            0.0854% PA            1.5396% PAFor  4 years            0.0854% PA            1.7896% PAFor  5 years            0.0854% PA            1.9146% PA--------------------------------------------------------EURO                 VALUE 20.05.2021   VALUE 20.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2951% PA            1.0451% PAFor  6 months and over but less than    12 months           0.2777% PA            1.0277% PAFor 12 Months           0.2374% PA            1.1124% PAFor  2 Years            0.2374% PA            1.6124% PAFor  3 Years            0.2374% PA            1.8624% PAFor  4 years            0.2374% PA            2.1124% PAFor  5 years            0.2374% PA            2.2374% PA--------------------------------------------------------JAPANESE YEN         VALUE 20.05.2021   VALUE 20.05.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1610% PA            0.5890% PAFor  6 months and over but less than    12 months          -0.2062% PA            0.5438% PAFor 12 Months          -0.1928% PA            0.6822% PAFor  2 Years           -0.1928% PA            1.1822% PAFor  3 Years           -0.1928% PA            1.4322% PAFor  4 Years           -0.1928% PA            1.6822% PAFor  5 years           -0.1928% PA            1.8072% PA========================================================

Copyright Business Recorder, 2021