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 (June 4, 2020).

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INTEREST PAYABLE ON FE DEPOSITS

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BBA BID MAXIMUM RATES

RATES FOR PAYMENT OF

INTEREST BY

AUTHORISED

DEALERS

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U.S. DOLLARS VALUE 04-06-2020 VALUE 04-06-2020

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For 3 months and over but less than

6 months 0.0805% PA 0.8305% PA

For 6 months and over but less than

12 Months 0.2320% PA 0.9820% PA

For 12 months 0.3755% PA 1.2505% PA

For 2 Years 0.3755% PA 1.7505% PA

For 3 Years 0.3755% PA 2.0005% PA

For 4 years 0.3755% PA 2.2505% PA

For 5 years 0.3755% PA 2.3755% PA

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POUND STERLING VALUE 04-06-2020 VALUE 04-06-2020

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For 3 months and over but less than

6 Months -0.0135% PA 0.7365% PA

For 6 months and over but less than

12 months 0.1331% PA 0.8831% PA

For 12 Months 0.3148% PA 1.1898% PA

For 2 Years 0.3148% PA 1.6898% PA

For 3 Years 0.3148% PA 1.9398% PA

For 4 years 0.3148% PA 2.1898% PA

For 5 years 0.3148% PA 2.3148% PA

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EURO VALUE 04-06-2020 VALUE 04-06-2020

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For 3 months and over but less than

6 months 0.1170% PA 0.8670% PA

For 6 months and over but less than

12 months -0.0376% PA 0.7124% PA

For 12 Months -0.1294% PA 0.7456% PA

For 2 Years -0.1294% PA 1.2456% PA

For 3 Years -0.1294% PA 1.4956% PA

For 4 years -0.1294% PA 1.7456% PA

For 5 years -0.1294% PA 1.8706% PA

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JAPANESE YEN VALUE 04-06-2020 VALUE 04-06-2020

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For 3 months and over but less than

6 months 0.2053% PA 0.5447% PA

For 6 months and over but less than

12 months 0.2467% PA 0.5033% PA

For 12 Months 0.1395% PA 0.7355% PA

For 2 Years 0.1395% PA 1.2355% PA

For 3 Years 0.1395% PA 1.4855% PA

For 4 Years 0.1395% PA 1.7355% PA

For 5 years 0.1395% PA 1.8605% PA

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Copyright Business Recorder, 2020