Foreign Currency Account Scheme

20

KARACHI, Nov 18 (APP):The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Thursday.

                       FOREIGN CURRENCY ACCOUNTS SCHEME 
                  BBA BID            MAXIMUM RATES           
                  R A T E S          FOR PAYMENT OF
                  WITH               INTEREST BY 
                  VALUE DATE         AUTHORIZED 
                                     DEALERS

U.S. DOLLARS VALUE 18 11 21

For 3 months
and over but
less than 6 months -0.0900% PA 0.6600% PA


For 6 months
and over but
less than 12 Months -0.0223% PA 0.7278% PA


For 12 months 0.1491% PA 1.0241% PA
For 2 Years 0.1491% PA 1.5241% PA
For 3 Years 0.1491% PA 1.7741% PA
For 4 years 0.1491% PA 2.0241% PA
For 5 years 0.1491% PA 2.1491% PA

POUND STERLING VALUE 18 11 21

For 3 months
and over but
less than 6 Months -0.1414% PA 0.6086% PA


For 6 months and
over but less than
12 months 0.0620% PA 0.8120% PA
For 12 Months 0.4373% PA 1.3123% PA


For 2 Years 0.4373% PA 1.8123% PA
For 3 Years 0.4373% PA 2.0623% PA
For 4 years 0.4373% PA 2.3123% PA
For 5 years 0.4373% PA 2.4373% PA

EURO VALUE 18 11 21

For 3 months and
over but less than
6 months 0.3213% PA 1.0713% PA
For 6 months and
over but less than
12 months 0.2997% PA 1.0497% PA
For 12 Months 0.2386% PA 1.1136% PA


For 2 Years 0.2386% PA 1.6136% PA
For 3 Years 0.2386% PA 1.8636% PA
For 4 years 0.2386% PA 2.1136% PA
For 5 years 0.2386% PA 2.2386% PA

JAPANESE YEN VALUE 18 11 21
For 3 months and
over but less than
6 months 0.1585% PA 0.5915% PA


For 6 months and
over but less than
12 months 0.1957% PA 0.5543% PA
For 12 Months 0.1953% PA 0.6797% PA


For 2 Years 0.1953% PA 1.1797% PA
For 3 Years 0.1953% PA 1.4297% PA
For 4 Years 0.1953% PA 1.6797% PA
For 5 years 0.1953% PA 1.8047% PA