Doha: Deposit rates at opening as issued on Sunday by Qatar National Bank (QNB) have been released, providing insights into the current financial landscape for various currencies. The rates are set for different durations ranging from one month to twelve months, reflecting the bank's current offerings in the deposit market.

According to Qatar News Agency, the deposit rates for the US Dollar (USD) start at 3.95724% for a one-month term, gradually decreasing to 3.57532% for a twelve-month term. The Japanese Yen (JPY) presents a consistent rate of 0.35000% for shorter terms, increasing to 0.80000% for a twelve-month deposit. In contrast, the Swiss Franc (CHF) shows negative rates starting from -0.01000% for a one-month term, further decreasing for longer terms.

For the British Pound (GBP), the deposit rate begins at 3.99000% for one month and increases slightly to 4.05000% by the twelve-month mark. Regarding the Qatari Riyal (QAR), the rates start at 4.32500% for one month, with a gradual decrease to 3.87500% for a twelve-month deposit.

The Saudi Riyal (SAR) maintains a rate of 4.75000% for one month, with slight variations for other terms, ending at 4.55000% for a twelve-month deposit. The UAE Dirham (AED) displays a rate increase over time, beginning at 2.05000% for one month and reaching 3.15000% for a twelve-month deposit. The Bahraini Dinar (BHD) shows a consistent rate of 4.75000% for terms up to six months, then decreases to 4.25000% for a twelve-month term.