Doha:Qatar National Bank (QNB) has released its latest deposit rates as of Thursday.
According to Qatar News Agency, the interest rates for various currencies and deposit periods have been specified. For the US Dollar (USD), rates begin at 3.90098% for one month and rise to 4.49847% for a twelve-month deposit. Japanese Yen (JPY) rates start at 1.15000% for one month and increase to 1.70000% over a year. The Swiss Franc (CHF) shows a negative rate of -0.16000% for one month, rising to 0.30000% for twelve months. For the British Pound (GBP), rates start at 3.67000% for a month and reach 4.81000% for a year.
In the case of the Qatari Riyal (QAR), the rate begins at 4.26935% for a month and decreases slightly to 4.20000% for twelve months. The Saudi Riyal (SAR) rates start at 4.45000% for one month, increasing to 4.85000% over a year. For the UAE Dirham (AED), rates begin at 2.05000% for a month, rising to 3.15000% for twelve months. Lastly, the Bahraini Dinar (BHD) starts at 4.85000% for a month, increasing to 5.10000% for a year.