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 Friday (May 28, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 28.05.2021   VALUE 28.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1150% PA            0.6350% PAFor  6 months and over but less than    12 Months           0.0783% PA            0.6718% PAFor 12 months          -0.0019% PA            0.8769% PAFor  2 Years            0.0019% PA            1.3769% PAFor  3 Years            0.0019% PA            1.6269% PAFor  4 years            0.0019% PA            1.8769% PAFor  5 years            0.0019% PA            2.0019% PA--------------------------------------------------------POUND STERLING       VALUE 28.05.2021   VALUE 28.05.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1664% PA            0.5836% PAFor  6 months and over but less than    12 months           0.1438% PA            0.6063% PAFor 12 Months           0.0885% PA            0.7865% PAFor  2 Years            0.0885% PA            1.2865% PAFor  3 Years            0.0885% PA            1.5365% PAFor  4 years            0.0885% PA            1.7865% PAFor  5 years            0.0885% PA            1.9115% PA--------------------------------------------------------EURO                 VALUE 28.05.2021   VALUE 28.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2939% PA            1.0439% PAFor  6 months and over but less than    12 months           0.2704% PA            1.0204% 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 28.05.2021   VALUE 28.05.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1623% PA            0.5877% PAFor  6 months and over but less than    12 months          -0.1998% PA            0.5502% PAFor 12 Months          -0.1945% PA            0.6805% PAFor  2 Years           -0.1945% PA            1.1805% PAFor  3 Years           -0.1945% PA            1.4305% PAFor  4 Years           -0.1945% PA            1.6805% PAFor  5 years           -0.1945% PA            1.8055% PA========================================================

Copyright Business Recorder, 2021