Doha: Qatar National Bank (QNB) has issued its latest deposit rates for various currencies as of Monday. These rates are applicable for terms ranging from one month to twelve months, covering a wide array of currencies, including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the deposit rates for USD range from 3.65788% for one month to 3.70015% for twelve months. The Japanese Yen (JPY) saw rates starting at 0.70000% for one month, increasing to 1.15000% for a twelve-month term. For the Swiss Franc (CHF), the rates begin at -0.17000% for a one-month term and rise to 0.15000% for twelve months. The British Pound (GBP) rates start at 3.67000% for one month and reach 4.60000% for a twelve-month deposit.

For local and regional currencies, the Qatari Riyal (QAR) rates start at 4.04930% for one month and decrease to 3.86337% for a twelve-month term. The Saudi Riyal (SAR) maintains a consistent rate of 4.30000% from the two-month term onwards. The UAE Dirham (AED) rates start at 2.05000% for one month and increase to 3.15000% for twelve months. Lastly, the Bahraini Dinar (BHD) rates start at 4.60000% for one month and decrease to 4.10000% for a twelve-month deposit.

These updated rates reflect the current economic conditions and monetary policies affecting various currencies. Investors and depositors in Qatar and the region can use this information to make informed decisions about their savings and investments.