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 (June 7, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 07.06.2021   VALUE 07.06.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1193% PA            0.8308%PAFor  6 months and over but less than    12 Months           0.0853% PA            0.6648% PAFor 12 months          -0.0044% PA            0.8706% PAFor  2 Years            0.0044% PA            1.3706% PAFor  3 Years            0.0044% PA            1.6206% PAFor  4 years            0.0044% PA            1.8706% PAFor  5 years            0.0044% PA            2.9956% PA--------------------------------------------------------POUND STERLING       VALUE 07.06.2021   VALUE 07.06.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1725% PA            0.5775% PAFor  6 months and over but less than    12 months           0.1444% PA            0.6056% PAFor 12 Months           0.0850% PA            0.7900% PAFor  2 Years            0.0850% PA            1.2900% PAFor  3 Years            0.0850% PA            1.5400% PAFor  4 years            0.0850% PA            1.7900% PAFor  5 years            0.0850% PA            1.9150% PA--------------------------------------------------------EURO                 VALUE 07.06.2021   VALUE 07.06.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2954% PA            1.0454% PAFor  6 months and over but less than    12 months           0.2724% PA            1.0224% PAFor 12 Months           0.2417% PA            1.1167% PAFor  2 Years            0.2417% PA            1.6167% PAFor  3 Years            0.2417% PA            1.8667% PAFor  4 years            0.2417% PA            2.1167% PAFor  5 years            0.2417% PA            2.2417% PA--------------------------------------------------------JAPANESE YEN         VALUE 07.06.2021   VALUE 07.06.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1540% PA            0.5960% PAFor  6 months and over but less than    12 months          -0.1877% PA            0.5623% PAFor 12 Months          -0.1992% PA            0.6758% PAFor  2 Years           -0.1992% PA            1.1758% PAFor  3 Years           -0.1992% PA            1.4258% PAFor  4 Years           -0.1992% PA            1.6758% PAFor  5 years           -0.1992% PA            1.8008% PA========================================================

Copyright Business Recorder, 2021