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Qatar National Bank Releases New Deposit Rates for Multiple Currencies

Doha: Deposit rates at opening as issued on Tuesday by Qatar National Bank (QNB) have been announced for various currencies, including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the deposit rates for the USD are set at 4.13431% for 1 month, 4.05978% for 2 months, 3.98525% for 3 months, 3.86142% for 6 months, and 3.68250% for 12 months. For JPY, the rates are 0.40000% for 1 month, 0.46000% for 2 months, 0.45000% for 3 months, 0.50000% for 6 months, and 0.60000% for 12 months. The CHF deposit rates are -0.26000% for 1 month, -0.11000% for 2 months, -0.08000% for 3 months, -0.02000% for 6 and 12 months. GBP rates stand at 3.92000% for 1 month, 4.00000% for 2 months, 4.08000% for 3 months, 4.07000% for 6 months, and 4.16000% for 12 months.

In the local and regional currencies, QAR deposit rates are 4.56667% for 1 month, 4.50000% for 2 months, 4.31667% for 3 months, 4.25000% for 6 months, and 4.01667% for 12 months. SAR rates are set at 5.00000% for 1, 3, and 6 months, 4.90000% for 2 months, and 4.95000% for 12 months. For AED, the rates are 2.05000% for 1 month, 2.15000% for 2 months, 2.40000% for 3 months, 2.85000% for 6 months, and 3.15000% for 12 months. Lastly, BHD rates are 5.04000% for 1 month, 4.62000% for 2 months, 4.57000% for 3 months, 4.56000% for 6 months, and 4.53000% for 12 months.

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