Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) reveal the latest interest rates across multiple currencies, reflecting the current financial landscape.

According to Qatar News Agency, the deposit rates for the US Dollar start at 3.67636% for a 1-month term and gradually increase, reaching 3.81141% for a 12-month term. The rates for the Japanese Yen are consistent at 0.70000% for 1-month and 2-month terms but rise to 1.12000% for a 12-month term. Meanwhile, the Swiss Franc rates begin at -0.19000% for a 1-month term and shift to a positive 0.21000% for a 12-month term. The British Pound sees an increase from 3.62000% for a 1-month term to 4.65000% for a 12-month term.

For local currencies, the Qatari Riyal rates start at 4.06697% for a 1-month term, adjusting downward to 3.73750% for a 12-month term. The Saudi Riyal rates fluctuate, beginning at 4.50000% for a 1-month term and stabilizing at 4.30000% for longer terms. The UAE Dirham exhibits a rise from 2.05000% for a 1-month term to 3.15000% for a 12-month term. The Bahraini Dinar rates show a slight decrease from 4.60000% for a 1-month term to 4.47000% for a 12-month term.

These rates by QNB provide insights into the current trends in deposit interest rates, highlighting the variations across different currencies and term lengths.