Foreign Currency Account Scheme

KARACHI, Nov 22 (APP):The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Monday.

                       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 22 11 21

For 3 months
and over but
less than 6 months -0.0904% PA 0.6596% PA
For 6 months
and over but
less than 12 Months -0.0265% PA 0.7235% PA
For 12 months 0.1398% PA 1.0148% PA
For 2 Years 0.1398% PA 1.5148% PA
For 3 Years 0.1398% PA 1.7648% PA
For 4 years 0.1398% PA 2.0148% PA
For 5 years 0.1398% PA 2.1398% PA

POUND STERLING VALUE 22 11 21

For 3 months
and over but
less than 6 Months -0.1375% PA 0.6125% PA
For 6 months and
over but less than
12 months 0.0566% PA 0.8066% PA
For 12 Months 0.4284% PA 1.3034% PA
For 2 Years 0.4284% PA 1.8034% PA
For 3 Years 0.4284% PA 2.0534% PA
For 4 years 0.4284% PA 2.3034% PA
For 5 years 0.4284% PA 2.4284% PA

EURO VALUE 22 11 21

For 3 months and
over but less than
6 months 0.3177% PA 1.0677% PA
For 6 months and
over but less than
12 months 0.2954% PA 1.0454% PA
For 12 Months 0.2399% PA 1.1149% PA
For 2 Years 0.2399% PA 1.6149% PA
For 3 Years 0.2399% PA 1.8649% PA
For 4 years 0.2399% PA 2.1149% PA
For 5 years 0.2399% PA 2.2399% PA

JAPANESE YEN VALUE 22 11 21
For 3 months and
over but less than
6 months 0.1553% PA 0.5947% PA
For 6 months and
over but less than
12 months 0.1960% PA 0.5540% PA
For 12 Months 0.1962% PA 0.6788% PA
For 2 Years 0.1962% PA 1.1788% PA
For 3 Years 0.1962% PA 1.4288% PA
For 4 Years 0.1962% PA 1.6788% PA
For 5 years 0.1962% PA 1.8038% PA