Doha: Deposit rates at the opening as issued on Sunday by Qatar National Bank (QNB) have been detailed, showing the latest figures for a variety of currencies.

According to Qatar News Agency, these rates reflect the current financial market trends and provide insights into the potential returns for depositors choosing different currencies and terms.

For the USD, the deposit rates are set at 3.77733% for 1 month, 3.75789% for 2 months, 3.73844% for 3 months, 3.66691% for 6 months, and 3.49972% for 12 months. The Japanese Yen (JPY) rates start at 0.45000% for 1 month and 3 months, 0.37000% for 2 months, 0.61000% for 6 months, and 0.90000% for 12 months.

The Swiss Franc (CHF) has negative rates for shorter terms, with -0.33000% for 1 month, -0.18000% for 2 months, and -0.17000% for 3 months, but stabilizes to -0.05000% for both 6 months and 12 months. The British Pound (GBP) offers 3.87000% for 1 month, 3.96000% for 2 months, 3.90000% for 3 months, 3.80000% for 6 months, and peaks at 4.02000% for 12 months.

For the Qatari Riyal (QAR), rates begin at 4.30000% for 1 month and decrease sequentially to 3.87500% for 12 months. The Saudi Riyal (SAR) starts at 4.71000% for 1 month and maintains a consistent 4.55000% from the 2-month to the 12-month terms. The United Arab Emirates Dirham (AED) rates are 2.05000% for 1 month, rising to 3.15000% by 12 months. Lastly, the Bahraini Dinar (BHD) opens at 4.76000% for 1 month, decreasing steadily to 4.43000% by 12 months.

These rates offer depositors in Qatar varied options depending on their currency preference and investment horizon.