Doha: Qatar National Bank (QNB) has announced the latest deposit rates for various currencies, providing updated figures to inform investors and account holders. The rates, which were issued on Sunday, cover a range of durations from one month to twelve months across different currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the deposit rates for the US Dollar (USD) start at 4.34194 for one month and decrease to 3.95988 for a twelve-month duration. The Japanese Yen (JPY) maintains a steady rate, starting at 0.35000 for one and two months, with a slight increase to 0.60000 for twelve months. The Swiss Franc (CHF) shows a negative rate of -0.15000 for one month and gradually rises to a positive 0.05000 for twelve months. The British Pound (GBP) rates start at 4.14000 for one month and see a peak at 4.25000 for three months, before settling at 4.17000 for twelve months.

For the Qatari Riyal (QAR), the rates begin at 4.85000 for one month and gradually decrease to 4.50000 for twelve months. The Saudi Riyal (SAR) starts at 4.90000 for one month and slightly reduces to 5.05000 for twelve months. The United Arab Emirates Dirham (AED) rates show an upward trend from 2.05000 for one month to 3.15000 for twelve months. The Bahraini Dinar (BHD) rates start at 5.30000 for one month and decrease to 4.87000 for twelve months.

These updated rates from QNB provide valuable information for those looking to invest or manage deposits in various currencies over different timeframes.