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 (July 5, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 05.07.2021   VALUE 05.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1053% PA            0.6448% PAFor  6 months and over but less than    12 Months           0.0870% PA            0.6630% PAFor 12 months          -0.0056% PA            0.8694% PAFor  2 Years           -0.0056% PA            1.3694% PAFor  3 Years           -0.0056% PA            1.6194% PAFor  4 years           -0.0056% PA            1.8694% PAFor  5 years           -0.0056% PA            1.9944% PA--------------------------------------------------------POUND STERLING       VALUE 05.07.2021   VALUE 05.07.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1744% PA            0.5756% PAFor  6 months and over but less than    12 months           0.1460% PA            0.6040% PAFor 12 Months           0.0723% PA            0.8028% PAFor  2 Years            0.0723% PA            1.3028% PAFor  3 Years            0.0723% PA            1.5528% PAFor  4 years            0.0723% PA            1.8028% PAFor  5 years            0.0723% PA            1.9278% PA--------------------------------------------------------EURO                 VALUE 05.07.2021   VALUE 05.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.2977% PA            1.0477% PAFor  6 months and over but less than    12 months           0.2817% PA            1.0317% PAFor 12 Months           0.2380% PA            1.1130% PAFor  2 Years            0.2380% PA            1.6130% PAFor  3 Years            0.2380% PA            1.8630% PAFor  4 years            0.2380% PA            2.1130% PAFor  5 years            0.2380% PA            2.2380% PA--------------------------------------------------------JAPANESE YEN         VALUE 05.07.2021   VALUE 05.07.2021--------------------------------------------------------For  3 months and over but less than     6 months          -0.1722% PA            0.5778% PAFor  6 months and over but less than    12 months          -0.1848% PA            0.5652% PAFor 12 Months          -0.2042% PA            0.6708% PAFor  2 Years           -0.2042% PA            1.1708% PAFor  3 Years           -0.2042% PA            1.4208% PAFor  4 Years           -0.2042% PA            1.6708% PAFor  5 years           -0.2042% PA            1.7958% PA========================================================

Copyright Business Recorder, 2021