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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 29, 2020).

========================================================
INTEREST PAYABLE ON FE DEPOSITS
========================================================
                         BBA BID           MAXIMUM RATES
                          RATES           FOR PAYMENT OF
                                             INTEREST BY
                                              AUTHORISED
                                                 DEALERS
========================================================
U.S. DOLLARS         VALUE 29-06-2020   VALUE 29-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.0560% PA            0.8060% PA
For  6 months and over but less than
    12 Months           0.1146% PA            0.8646% PA
For 12 months           0.3204% PA            1.1954% PA
For  2 Years            0.3204% PA            1.6954% PA
For  3 Years            0.3204% PA            1.9454% PA
For  4 years            0.3204% PA            2.1954% PA
For  5 years            0.3204% PA            2.3204% PA
--------------------------------------------------------
POUND STERLING       VALUE 29-06-2020   VALUE 29-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 Months          -0.1130% PA            0.6370% PA
For  6 months and over but less than
    12 months           0.0483% PA            0.7983% PA
For 12 Months           0.2210% PA            1.0960% PA
For  2 Years            0.2210% PA            1.5960% PA
For  3 Years            0.2210% PA            1.8460% PA
For  4 years            0.2210% PA            2.0960% PA
For  5 years            0.2210% PA            2.2210% PA
--------------------------------------------------------
EURO                 VALUE 29-06-2020   VALUE 29-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.1357% PA            0.8857% PA
For  6 months and over but less than
    12 months           0.0776% PA            0.8276% PA
For 12 Months          -0.0441% PA            0.8309% PA
For  2 Years           -0.0441% PA            1.3309% PA
For  3 Years           -0.0441% PA            1.5809% PA
For  4 years           -0.0441% PA            1.8309% PA
For  5 years           -0.0441% PA            1.9559% PA
--------------------------------------------------------
JAPANESE YEN         VALUE 29-06-2020   VALUE 29-06-2020
--------------------------------------------------------
For  3 months and over but less than
     6 months           0.2052% PA            0.5448% PA
For  6 months and over but less than
    12 months           0.2385% PA            0.5115% PA
For 12 Months           0.1345% PA            0.7405% PA
For  2 Years            0.1345% PA            1.2405% PA
For  3 Years            0.1345% PA            1.4905% PA
For  4 Years            0.1345% PA            1.7405% PA
For  5 years            0.1345% PA            1.8655% PA
========================================================

Copyright Business Recorder, 2020