Qatar National Bank Announces New Deposit Rates


Doha:Deposit rates were issued on Wednesday by Qatar National Bank (QNB) for various currencies and terms.



According to Qatar News Agency, the rates for the US dollar range from 3.91868% for one month to 4.49562% for twelve months. The Japanese Yen rates start at 1.20000% for one to three months, increasing to 1.74000% for twelve months. Swiss Franc rates begin at -0.12000% for one month and reach 0.30000% for twelve months. The British Pound rates vary from 3.68000% for one month to 4.78000% for twelve months.



For local and regional currencies, the Qatari Riyal rates start at 4.30070% for one month, rising to 4.49083% for a twelve-month term. The Saudi Riyal rates are set at 4.45000% for one month and go up to 4.85000% for twelve months. The UAE Dirham begins at 2.05000% for one month, increasing to 3.15000% for twelve months. Lastly, the Bahraini Dinar rates start at 4.85000% for one month and rise to 5.10000% for twelve months.