Doha: Deposit rates at Qatar National Bank (QNB) were issued on Monday, detailing the latest figures for various currencies.
According to Qatar News Agency, the deposit rates for USD are structured as follows: a 1-month deposit rate stands at 3.60833, while the 2-month rate is 3.63227. The 3-month and 6-month rates are set at 3.65621 and 3.72783, respectively, with the 12-month rate at 3.87603. For JPY deposits, both the 1-month and 2-month rates are at 0.70000, with the 6-month and 12-month rates increasing to 1.00000 and 1.20000, respectively. CHF deposit rates start at -0.10000 for 1-month deposits, reaching 0.15000 for a 12-month deposit. The GBP rates begin at 3.73000 for 1-month deposits, escalating to 4.47000 for a 12-month deposit.
The QAR deposit rates are 4.06760 for 1-month and 4.07230 for 2-month terms. The 3-month rate is 4.07703, with a slight decrease to 4.00767 for a 6-month term, and a further dip to 3.88333 for a 12-month term. SAR rates are consistent at 4.50000 for 1-month deposits but decrease to 4.30000 for terms of 2-months and beyond. AED deposits start at 2.05000 for 1-month and rise to 3.15000 for a 12-month term. BHD rates are positioned at 4.60000 for a 1-month term, reducing to 4.10000 for a 12-month term.