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 31, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 31.05.2021   VALUE 31.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1154% PA            0.6346% PAFor  6 months and over but less than    12 Months           0.0789% PA            0.6711% PAFor 12 months          -0.0013% PA            0.8738% PAFor  2 Years            0.0013% PA            1.3738% PAFor  3 Years            0.0013% PA            1.6238% PAFor  4 years            0.0013% PA            1.8738% PAFor  5 years            0.0013% PA            2.9988% PA--------------------------------------------------------POUND STERLING       VALUE 31.05.2021   VALUE 31.05.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1668% PA            0.5833% PAFor  6 months and over but less than    12 months           0.1396% PA            0.6104% PAFor 12 Months           0.0894% PA            0.7856% PAFor  2 Years            0.0894% PA            1.2856% PAFor  3 Years            0.0894% PA            1.5356% PAFor  4 years            0.0894% PA            1.7856% PAFor  5 years            0.0894% PA            1.9106% PA--------------------------------------------------------EURO                 VALUE 31.05.2021   VALUE 31.05.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2930% PA            1.0430% PAFor  6 months and over but less than    12 months           0.2699% PA            1.0199% PAFor 12 Months           0.2386% PA            1.1136% PAFor  2 Years            0.2386% PA            1.6136% PAFor  3 Years            0.2386% PA            1.8636% PAFor  4 years            0.2386% PA            2.1136% PAFor  5 years            0.2386% PA            2.2386% PA--------------------------------------------------------JAPANESE YEN         VALUE 31.05.2021   VALUE 31.05.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1630% PA            0.5870% PAFor  6 months and over but less than    12 months          -0.2012% PA            0.5488% PAFor 12 Months          -0.1973% PA            0.6777% PAFor  2 Years           -0.1973% PA            1.1777% PAFor  3 Years           -0.1973% PA            1.4277% PAFor  4 Years           -0.1973% PA            1.6777% PAFor  5 years           -0.1973% PA            1.8027% PA========================================================

Copyright Business Recorder, 2021