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 (July 29, 2021).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 29.07.2021   VALUE 29.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.1204% PA            0.6296% PAFor  6 months and over but less than    12 Months           0.0915% PA            0.6585% PAFor 12 months          -0.0110% PA            0.8640% PAFor  2 Years           -0.0110% PA            1.3640% PAFor  3 Years           -0.0114% PA            1.6140% PAFor  4 years           -0.0114% PA            1.8640% PAFor  5 years           -0.0114% PA            1.9890% PA--------------------------------------------------------POUND STERLING       VALUE 29.07.2021   VALUE 29.07.2021--------------------------------------------------------For  3 months and over but less than     6 Months           0.1758% PA            0.5743% PAFor  6 months and over but less than    12 months           0.1644% PA            0.5856% PAFor 12 Months           0.0684% PA            0.8066% PAFor  2 Years            0.0684% PA            1.3066% PAFor  3 Years            0.0684% PA            1.5566% PAFor  4 years            0.0684% PA            1.8066% PAFor  5 years            0.0684% PA            1.9316% PA--------------------------------------------------------EURO                 VALUE 29.07.2021   VALUE 29.07.2021--------------------------------------------------------For  3 months and over but less than     6 months           0.3057% PA            1.0557% PAFor  6 months and over but less than    12 months           0.2766% PA            1.0266% PAFor 12 Months           0.2426% PA            1.1176% PAFor  2 Years            0.2426% PA            1.6176% PAFor  3 Years            0.2426% PA            1.8676% PAFor  4 years            0.2426% PA            2.1176% PAFor  5 years            0.2426% PA            2.2426% PA--------------------------------------------------------JAPANESE YEN         VALUE 29.07.2021   VALUE 29.07.2021--------------------------------------------------------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          -0.1802% PA            0.5698% PAFor 12 Months          -0.2050% PA            0.6700% PAFor  2 Years           -0.2050% PA            1.1700% PAFor  3 Years           -0.2050% PA            1.4200% PAFor  4 Years           -0.2050% PA            1.6700% PAFor  5 years           -0.2050% PA            1.7950% PA========================================================

Copyright Business Recorder, 2021