Doha: Qatar National Bank (QNB) released its latest deposit rates on Thursday, revealing variations across several international currencies. Investors and account holders can now review the updated rates, which vary by currency and deposit term. The newly issued rates cover multiple currencies, including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD, with specified interest rates for one-month, two-month, three-month, six-month, and twelve-month deposits.

According to Qatar News Agency, the one-month deposit rate for the US Dollar (USD) is set at 3.66067, whereas the Japanese Yen (JPY) is at 0.70000, and the Swiss Franc (CHF) is at -0.30000. For the British Pound (GBP), the rate is 3.67000. As the deposit term increases, the rates also reflect changes, with the twelve-month deposit rate for USD at 3.70427, JPY at 1.15000, CHF at 0.15000, and GBP at 4.48000.

The rates for the Qatari Riyal (QAR) start at 4.07885 for one-month deposits, decreasing to 3.72500 for twelve-month deposits. For the Saudi Riyal (SAR), the rates remain relatively stable, starting at 4.50000 for one-month deposits. The UAE Dirham (AED) shows a starting rate of 2.05000 for one month, increasing to 3.15000 for a twelve-month term. The Bahraini Dinar (BHD) shows a slight decrease from 4.60000 for a one-month deposit to 4.10000 for a twelve-month deposit.

The newly published rates by QNB provide vital financial information for clients looking to invest in different currencies with varied deposit terms.