Doha: Qatar National Bank (QNB) has released its latest deposit rates as of Wednesday, reflecting the current financial landscape across various international and regional currencies.

According to Qatar News Agency, the bank’s updated deposit rates for the US Dollar (USD) start at 4.34979% for a one-month term, gradually decreasing to 4.00522% for a twelve-month term. In the Japanese Yen (JPY), the rates begin at 0.35000% for one month and rise to 0.55000% for a twelve-month deposit. The Swiss Franc (CHF) rates are in the negative, with a twelve-month rate at -0.23000%. Meanwhile, the British Pound (GBP) rates range from 4.07000% for a one-month period to 4.16000% for twelve months.

For regional currencies, QNB’s Qatari Riyal (QAR) deposit rates start at 4.85000% for one month and decrease to 4.50000% for a twelve-month term. The Saudi Riyal (SAR) maintains a steady rate around the 5.00000% mark, while the United Arab Emirates Dirham (AED) sees an increase from 2.05000% for one month to 3.15000% for twelve months. The Bahraini Dinar (BHD) holds a consistent rate of 5.00000% for terms up to six months, before dropping to 4.50000% for a twelve-month term.

These rates reflect QNB’s response to the current economic conditions and provide insight into the bank’s strategy for deposit offerings in the coming period.