Doha: Deposit rates at opening, as issued on Tuesday by Qatar National Bank (QNB), reveal a range of interest rates across different currencies and terms. For USD deposits, the rates start at 4.64045% for a 1-month term and decrease to 4.14268% for a 12-month term. JPY deposit rates remain negative across all terms, beginning at -0.10000% for 1 month and reaching -0.05000% for a 12-month term. According to Qatar News Agency, the deposit rates for CHF begin at 0.66000% for a 1-month term and adjust to 0.60000% over 12 months. For GBP, the rates start at 4.65000% for a 1-month term, with slight fluctuations, ending at 4.66000% for a 12-month term. In terms of local currencies, QAR deposit rates start at 5.32500% for a 1-month term and decrease to 4.67500% for a 12-month term. For SAR, the rates begin at 5.15000% for a 1-month term and adjust to 5.05000% over 12 months. AED rates are initially set at 2.05000% for a 1-month term, increasing to 3.15000% for a 12-month term. BHD rates start at 5.87000% for 1 mont h and decrease to 5.12000% for a 12-month term.
Deposit Rates in Qatar Show Varied Trends Across Currencies.
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