Doha: Deposit rates at Qatar National Bank (QNB) have been updated as of Wednesday, providing detailed insights into the rates for multiple currencies.

According to Qatar News Agency, the rates are structured across various time frames, including one month (1M), two months (2Ms), three months (3Ms), six months (6Ms), and twelve months (12Ms). For USD deposits, the rates start at 4.32295% for 1M, gradually decreasing to 3.81374% for 12Ms. The JPY rates remain steady at 0.40000% for 1M and 2Ms, increasing slightly to 0.45000% for 3Ms and 6Ms, before reaching 0.55000% for 12Ms.

The CHF deposit rates show a negative trend, beginning at 0.01000% for 1M and dropping to -0.10000% by 12Ms. In contrast, GBP rates fluctuate, starting at 3.93000% for 1M and peaking at 4.10000% for 12Ms.

For regional currencies, QAR rates begin at 4.85000% for 1M, reducing to 4.42500% for 12Ms. SAR rates start at 4.90000% for 1M and peak at 5.10000% for both 3Ms and 6Ms, before settling at 5.05000% for 12Ms. AED deposit rates rise from 2.05000% for 1M to 3.15000% for 12Ms, while BHD rates show a descending pattern from 5.25000% for 1M to 4.85000% for 12Ms.