Doha: Deposit rates at the opening as issued on Tuesday by Qatar National Bank (QNB) reflect a range of offerings across several currencies. The rates for USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD were outlined, providing insight into the varying returns on deposits for different tenures.

According to Qatar News Agency, the deposit rates for USD start at 4.03217% for a 1-month tenure and decrease to 3.59429% for a 12-month tenure. The JPY rates begin at 0.40000% for a 1-month tenure, with a gradual increase to 0.55000% for a 12-month tenure. For CHF, the rates commence at -0.18000% for a 1-month tenure and rise to -0.01000% for a 12-month period. The GBP rates start at 3.95000% for a 1-month tenure and reach 4.10000% for a 12-month period.

Additionally, the QAR deposit rates are 4.60000% for a 1-month tenure and decrease to 4.12500% for a 12-month period. The SAR rates are initially 5.00000% for a 1-month tenure, declining to 4.55000% for a 12-month period. AED deposit rates are 2.05000% for a 1-month tenure and increase to 3.15000% for a 12-month period. Lastly, BHD rates remain consistent at 4.75000% for tenures up to 6 months, then decrease slightly to 4.25000% for a 12-month period.