Doha: Qatar National Bank (QNB) has announced the latest deposit rates for various currencies, offering a comprehensive overview of the rates at the opening as of Thursday. The deposit rates reflect the current interest landscape for currencies including the US Dollar (USD), Japanese Yen (JPY), Swiss Franc (CHF), British Pound (GBP), Qatari Riyal (QAR), Saudi Riyal (SAR), UAE Dirham (AED), and Bahraini Dinar (BHD).
According to Qatar News Agency, the rates for the USD are set at 4.32021% for 1-month deposits, 4.32512% for 2-months, 4.33003% for 3-months, 4.30668% for 6-months, and 4.24548% for 12-months. For the Japanese Yen, the rates are 0.35000% for 1-month, 0.04000% for 2-months, 0.06000% for 3-months, 0.15000% for 6-months, and 0.24000% for 12-months.
For the Swiss Franc, QNB has set the rates at 0.27000% for 1-month, 0.29000% for 2-months, 0.26000% for both 3-months and 6-months, and 0.25000% for 12-months. The British Pound rates are 4.40000% for 1-month, 4.44000% for 2-months, 4.40000% for 3-months, and 4.43000% for both 6-months and 12-months.
In terms of local and regional currencies, the Qatari Riyal deposit rates are listed as 4.85000% for 1-month, 4.75000% for 2-months, 4.65000% for 3-months, 4.60000% for 6-months, and 4.55000% for 12-months. The Saudi Riyal rates are offered at 4.90000% for 1-month, 5.00000% for 2-months, 5.10000% for 3-months, 5.20000% for 6-months, and 5.10000% for 12-months.
For the UAE Dirham, the rates are 2.05000% for 1-month, 2.15000% for 2-months, 2.40000% for 3-months, 2.85000% for 6-months, and 3.15000% for 12-months. The Bahraini Dinar rates stand at 5.30000% for 1-month, 5.00000% for 2-months, 4.88000% for 3-months, 4.86000% for 6-months, and 4.85000% for 12-months.
These rates are indicative of the current financial environment and are subject to change based on market conditions.