Doha: Deposit rates at opening as issued on Wednesday by Qatar National Bank (QNB) are as follows for multiple currencies, providing a comprehensive outlook on the current financial landscape.
According to Qatar News Agency, the rates for USD deposits are set at 3.76067% for 1 month, 3.74855% for 2 months, 3.73643% for 3 months, 3.67633% for 6 months, and 3.53513% for 12 months. Meanwhile, JPY deposit rates are at 0.45000% for 1 month, slightly dropping to 0.33000% for 2 months, then increasing to 0.50000% for 3 months, 0.60000% for 6 months, and peaking at 0.70000% for 12 months.
CHF deposit rates showcase a negative trend with -0.30000% for 1 month, improving to -0.13000% for both 2 and 3 months, and reaching -0.02000% for both 6 and 12 months. In contrast, GBP deposit rates start at 3.85000% for 1 month, decrease to 3.82000% for 2 months, increase to 3.92000% for 3 months, stabilize at 3.85000% for 6 months, and further rise to 4.0000% for 12 months.
For QAR deposits, the rates are 4.30000% for 1 month, 4.23333% for 2 months, 4.10000% for 3 months, 4.01667% for 6 months, and 3.83333% for 12 months. SAR deposits are set at 4.75000% for 1 month, with a slight decrease to 4.55000% for 2, 3, 6, and 12 months. AED deposits start at 2.05000% for 1 month, then increase to 2.15000% for 2 months, 2.40000% for 3 months, rise further to 2.85000% for 6 months, and reach 3.15000% for 12 months. BHD deposits are consistently placed at 4.50000% for 1, 2, 3, and 6 months before dropping to 4.00000% for 12 months.