Doha: Qatar National Bank (QNB) has announced the latest deposit rates for various currencies, as issued on Thursday. The rates reflect the current financial climate and are crucial for investors and account holders looking to optimize their financial portfolios.

According to Qatar News Agency, the USD deposit rates for one-month, two-month, and three-month terms are set at 3.65191%, 3.696015%, and 3.74012% respectively. The six-month and twelve-month rates are 3.84309% and 3.98812%. For the Japanese Yen (JPY), the rates range from 0.71000% for one month to 1.30000% for twelve months, with a noticeable increase at the three-month mark at 1.05000%.

The Swiss Franc (CHF) shows varying rates, starting at -0.22000% for one month and increasing to 0.20000% for twelve months. Meanwhile, the rates for the British Pound (GBP) start at 3.79000% for one month and reach up to 4.46000% for a twelve-month term.

For the Qatari Riyal (QAR), the one-month rate is 4.01440%, while the twelve-month rate is slightly lower at 3.95000%. The Saudi Riyal (SAR) maintains a steady rate, starting at 4.50000% for the one-month term and rising marginally to 4.60000% for twelve months. The UAE Dirham (AED) shows a consistent increase across the terms, beginning at 2.05000% for one month and reaching 3.15000% for twelve months. The Bahraini Dinar (BHD) rates range from 4.60000% at one month to 4.69000% at twelve months.

These rates are essential indicators for economic stakeholders and reflect both global and local financial trends. The published rates by QNB serve as a guide for individuals and businesses seeking to make informed decisions regarding savings and investment strategies.