KARACHI: The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Wednesday.FOREIGN CURRENCY ACCOUNTS SCHEME — RATES
BAY BID
MAXIMUM RATES
FOR PAYMENT OF
INTEREST BY
ETHERIZED
DEALERS
R A T E S
U.S. DOLLARS
VALUE 28-03-18
For 3 months
and over but
less than 6 months 2.0450% PA
2.7950% PA
% PA
For 6 months
and over but
less than 12 Months 1.2038% PA
2.9538% PA
For 12 months
2.4220% PA
3.2970% PA
For 2 Years
2.4220% PA
3.7970% PA
For 3 Years
2.4220% PA
4.0470% PA
For 4 years
2.4220% PA
4.2970% PA
For 5 years
2.4220% PA
4.4220% PA
POUND STERLING
VALUE 28-03-18
For 3 months
and over but
less than 6 Months 0.4175% PA
1.1675% PA
For 6 months and
over but less than
12 months
0.5310% PA
1.2810% PA
For 12 Months
0.7415% PA
1.6165% PA
For 2 Years
0.7415% PA
2.1165% PA
For 3 Years
0.7415% PA
2.3665% PA
For 4 years
0.7415% PA
2.6165% PA
For 5 years
0.7415% PA
2.7415% PA
EURO
VALUE 28-03-18
For 3 months and
over but less than
6 months
0.1279% PA
0.8779% PA
For 6 months and
over but less than
12 months
0.0811% PA
0.8311% PA
For 12 Months
0.0013% PA
0.8763% PA
For 2 Years
0.0013% PA
1.3763% PA
For 3 Years
0.0013% PA
1.6263% PA
For 4 years
0.0013% PA
1.8763% PA
For 5 years
0.0013% PA
2.0013% PA
JAPANESE YEN
VALUE 28-03-18
For 3 months and
over but less than
6 months
-0.2077% PA
0.5423% PA
For 6 months and
over but less than
12 months
-0.2387% PA
0.5113% PA
For 12 Months
-0.1420% PA
0.7330% PA
For 2 Years
-0.1420% PA
1.2330% PA
For 3 Years
-0.1420% PA
1.4830% PA
For 4 Years
-0.1420% PA
1.7330% PA
For 5 years
-0.1420% PA
1.8580% PA
K-Electric faces severe crisis as banks decline further financing
KARACHI: K-Electric, the sole distributor of electricity in Karachi, is facing a severe monetary crisis as banks have halted new...
