Doha: Qatar National Bank (QNB) has announced the latest deposit rates for various currencies, effective from Wednesday. The updated rates cover a range of currencies including USD, JPY, CHF, GBP, as well as QAR, SAR, AED, and BHD, with varying terms from one month to twelve months.

According to Qatar News Agency, for USD deposits, the rates start at 3.68065% for a one-month term, gradually increasing to 3.78131% for a twelve-month term. The Japanese Yen (JPY) maintains a steady rate of 0.70000% for terms up to three months, increasing to 0.85000% for six months and 1.10000% for a twelve-month deposit. The Swiss Franc (CHF), showing a negative interest for shorter terms, begins at -0.14000% for one month, improving to 0.22000% for a twelve-month deposit. The British Pound (GBP) rates range from 3.90000% for a one-month term to 4.65000% for twelve months.

For local and regional currencies, the Qatari Riyal (QAR) starts at 4.06790% for a one-month term, decreasing to 3.75000% for a twelve-month term. The Saudi Riyal (SAR) maintains a uniform rate of 4.30000% for two-month to twelve-month deposits. The UAE Dirham (AED) offers rates from 2.05000% for a one-month term to 3.15000% for twelve months, while the Bahraini Dinar (BHD) starts at 4.60000% for one month, decreasing to 4.10000% for a twelve-month term.