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Qatar National Bank Announces Latest Deposit Rates

Doha: Deposit rates at opening as issued on Monday by Qatar National Bank (QNB) are as follows:

According to Qatar News Agency, the deposit rates for various currencies have been detailed for different time frames. For USD, the 1-month rate is 4.31370, decreasing slightly for the 2-month period to 4.31184, and further to 4.30998 for 3 months. The 6-month rate stands at 4.21589, with a 12-month rate at 4.00348.

For JPY, the 1-month rate is 0.35000, dropping to 0.32000 for 2 months. The 3-month rate returns to 0.35000, and increases to 0.45000 for 6 months, with the highest at 0.55000 for 12 months. CHF rates start at -0.19000 for 1 month, with a slight increase for 2- and 3-month periods at -0.15000 and -0.16000 respectively. The rate remains -0.15000 for 6 months and -0.10000 for 12 months.

GBP rates for 1 month are at 4.26000, slightly decreasing to 4.25000 for 2 months, and further to 4.21000 for 3 months. The 6-month rate is 4.17000, climbing back to 4.25000 for 12 months.

The rates for QAR start at 4.85000 for 1 month, decreasing incrementally over 2, 3, 6, and 12 months to 4.50000. SAR rates begin at 4.90000 for 1 month, peaking at 5.10000 for 3 and 6 months, then slightly dropping to 5.05000 for 12 months.

AED rates are listed at 2.05000 for 1 month, increasing consistently to 3.15000 for 12 months. BHD rates remain consistent at 5.00000 for up to 6 months, before dropping to 4.50000 for 12 months.

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