Doha: Qatar National Bank (QNB) has released its updated deposit rates for various currencies, effective as of Monday. The bank’s latest figures reveal the interest rates applicable for different deposit tenures ranging from one month to twelve months.

According to Qatar News Agency, the deposit rates in USD range from 4.04797% for a 12-month deposit to 4.32086% for a 3-month deposit. For the Japanese Yen (JPY), the rates start at 0.32000% for a 2-month deposit, reaching up to 0.55000% for a 12-month deposit. The Swiss Franc (CHF) deposit rates are shown to be negative, with rates from -0.12000% for a 3-month deposit to -0.01000% for a 12-month deposit. The British Pound (GBP) rates are consistent, with the highest rate of 4.20000% applicable for several tenures.

In terms of regional currencies, the Qatari Riyal (QAR) deposit rates range from 4.50000% for a 12-month period to 4.85000% for a 1-month deposit. The Saudi Riyal (SAR) rates vary from 5.05000% for a 12-month deposit to 5.10000% for both 3-month and 6-month periods. The United Arab Emirates Dirham (AED) rates reflect a range from 2.05000% for a 1-month deposit to 3.15000% for a 12-month deposit. Lastly, the Bahraini Dinar (BHD) rates are recorded from 5.12000% for a 12-month deposit to 5.43000% for a 2-month period.