Doha: Deposit rates at Qatar National Bank (QNB) have been updated for various currencies, with new figures released on Monday. These rates provide insight into the current financial landscape and opportunities for investors in Qatar and beyond.

According to Qatar News Agency, the deposit rates for USD, JPY, CHF, and GBP vary significantly. For USD deposits, the rates are stated as 4.35485 for 1 month, 4.33457 for 2 months, 4.31428 for 3 months, 4.20488 for 6 months, and 4.00344 for 12 months. The JPY rates start at 0.40000 for both 1 month and 2 months, with a slight decrease at 3 months to 0.30000, then rising to 0.45000 for 6 months, and further increasing to 0.55000 for a 12-month deposit. CHF rates indicate a negative trend, with -0.15000 for 1 month and fluctuating slightly thereafter. GBP deposits show a steady increase with rates reaching 4.09000 for a 12-month period.

For local and regional currencies, QAR deposit rates start at 4.85000 for 1 month and gradually decrease to 4.50000 for 12 months. SAR rates are slightly higher, beginning at 4.90000 and peaking at 5.10000 for both 3 and 6 months before slightly decreasing. AED rates start lower at 2.05000 for 1 month but see a significant increase by the 12-month mark at 3.15000. BHD rates begin at 5.37000 for 1 month and follow a similar trend, concluding at 5.12000 for 12 months.