Business News

Foreign Currency Account Scheme

KARACHI, Aug 8 (APP): The Foreign Exchange Rates Committee
of Financial Markets Association of Pakistan issued here the
following Base Rate on Tuesday.

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 08-08-17
For 3 months
and over but
less than 6 months 1.0619% PA 1.8119% PA
For 6 months
and over but
less than 12 Months 1.1994% PA 1.9494% PA
For 12 months 1.4729% PA 2.3479% PA
For 2 Years 1.4729% PA 2.8479% PA
For 3 Years 1.4729% PA 3.0979% PA
For 4 years 1.4729% PA 3.3479% PA
For 5 years 1.4729% PA 3.4729% PA

POUND STERLING VALUE 08-08-17

For 3 months
and over but
less than 6 Months 0.0284% PA 0.7784% PA
For 6 months and
over but less than
12 months 0.1630% PA 0.9130% PA
For 12 Months 0.3615% PA 1.2365% PA
For 2 Years 0.3615% PA 1.7365% PA
For 3 Years 0.3615% PA 1.9865% PA
For 4 years 0.3615% PA 2.2365% PA
For 5 years 0.3615% PA 2.3615% PA

EURO VALUE 08-08-17

For 3 months and
over but less than
6 months 0.1227% PA 0.8727% PA
For 6 months and
over but less than
12 months 0.0504% PA 0.8004% PA
For 12 Months -0.0596% PA 0.8154% PA
For 2 Years -0.0596% PA 1.3154% PA
For 3 Years -0.0596% PA 1.5654% PA
For 4 years -0.0596% PA 1.8154% PA
For 5 years -0.0596% PA 1.9404% PA

JAPANESE YEN VALUE 08-08-17

For 3 months and
over but less than
6 months -0.2325% PA 0.5175% PA
For 6 months and
over but less than
12 months -0.2407% PA 0.5093% PA
For 12 Months -0.1373% PA 0.7377% PA
For 2 Years -0.1373% PA 1.2377% PA
For 3 Years -0.1373% PA 1.4877% PA
For 4 Years -0.1373% PA 1.7377% PA
For 5 years -0.1373% PA 1.8627% PA