Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) are outlined for multiple currencies, showcasing a variety of interest rates over different time periods.
According to Qatar News Agency, the deposit rates for USD start at 4.32661% for a 1-month term and gradually decrease to 3.83923% for a 12-month term. Meanwhile, the JPY rates commence at 0.35000% for 1 month and increase slightly to 0.55000% for a 12-month term. The CHF rates show a negative interest for 1 month at -0.03000%, while increasing to 0.06000% for 12 months. GBP deposits start at 4.26000% for 1 month and slightly rise to 4.30000% for 12 months.
The QAR deposit rates are highest at 4.85000% for a 1-month term, decreasing to 4.45000% over 12 months. SAR rates begin at 4.90000% for 1 month, tapering off to 4.80000% for a 12-month term. AED deposit rates show an upward trend starting from 2.05000% for 1 month and reaching up to 3.15000% for a 12-month term. For BHD, the rates start at 5.29000% for 1 month, decreasing to 4.59000% for a 12-month term.