Doha: Deposit rates at Qatar National Bank (QNB) were released on Sunday, providing an overview of interest rates across various currencies and durations. These rates reflect the bank’s current offerings and provide insight into the financial landscape for depositors in Qatar.

According to Qatar News Agency, the deposit rates for the US Dollar (USD) start at 4.35468% for a one-month term, decreasing slightly to 4.00580% for a twelve-month term. The Japanese Yen (JPY) shows a minimal rate of 0.40000% for one month, reaching 0.55000% for a twelve-month period. The Swiss Franc (CHF) rates are negative, starting at -0.18000% for one month and reaching -0.01000% for twelve months. The British Pound (GBP) rates begin at 4.10000% for a one-month deposit and show slight fluctuations, ending at 4.09000% for a twelve-month term.

Meanwhile, the rates for the Qatari Riyal (QAR) start at 4.85000% for a one-month deposit and decrease to 4.50000% for a twelve-month term. The Saudi Riyal (SAR) rates are slightly higher, beginning at 4.90000% for one month and reaching 5.05000% for a twelve-month deposit. The UAE Dirham (AED) rates start at 2.05000% for a one-month term, increasing to 3.15000% for a twelve-month deposit. The Bahraini Dinar (BHD) offers one of the highest rates, initially at 5.28000% for a one-month term, before decreasing to 4.94000% for a twelve-month term.

These deposit rates provide valuable information for those looking to invest or save in various currencies through QNB, reflecting current economic conditions and the bank’s financial strategies.