Qatar National Bank Announces Deposit Rates for Various Currencies

Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) have been released, detailing the interest rates for multiple currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the deposit rates for the USD are set at 3.67192% for 1 month, 3.66938% for 2 months, 3.66684% for 3 months, 3.62732% for 6 months, and 3.50766% for 12 months. For the Japanese Yen (JPY), the rates are 0.60000% for 1 month, 0.55000% for 2 months, 0.70000% for both 3 and 6 months, and 1.03000% for 12 months.

The Swiss Franc (CHF) deposit rates are recorded at -0.11000% for 1 month, -0.14000% for 2 months, -0.19000% for 3 months, -0.01000% for 6 months, and -0.05000% for 12 months. The British Pound (GBP) rates are 3.62000% for 1 month, 3.70000% for 2 months, 3.74000% for 3 months, 3.78000% for 6 months, and 3.90000% for 12 months.

For the Qatari Riyal (QAR), the rates are 4.07500% for 1 month, 4.02500% for 2 months, 3.97500% for 3 months, 3.90000% for 6 months, and 3.75000% for 12 months. The Saudi Riyal (SAR) rates stand at 4.50000% for 1 month, 4.30000% for 2 months, 4.40000% for 3 months, 4.30000% for 6 months, and 4.30000% for 12 months.

The United Arab Emirates Dirham (AED) deposit rates are set at 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. Lastly, the Bahraini Dinar (BHD) rates are 4.60000% for 1 month, 4.50000% for 2 months, 4.40000% for 3 months, 4.30000% for 6 months, and 4.10000% for 12 months.