Doha: Qatar National Bank (QNB) has released the latest deposit rates, which were announced on Sunday, showcasing a range of interest rates across various currencies for different maturity periods.

According to Qatar News Agency, the deposit rates for USD are 4.31930% for a one-month term, progressively increasing to 4.32153% for a three-month term, before slightly declining to 4.22342% for a twelve-month term. For the Japanese Yen (JPY), rates start at 0.28000% for one month and drop significantly to 0.01000% for two months, gradually climbing to 0.23000% for twelve months.

For the Swiss Franc (CHF), the rates begin at 0.44000% for a one-month deposit, decreasing to 0.17000% for six months, and slightly rising again to 0.24000% for a twelve-month deposit. The British Pound (GBP) rates initiate at 4.50000% for one month, with minor fluctuations, settling at 4.43000% for a twelve-month term.

In the local currency, the Qatari Riyal (QAR), the deposit rate for a one-month term stands at 4.85000%, decreasing to 4.55000% for a twelve-month term. The Saudi Riyal (SAR) rates start at 4.90000% for one month, peaking at 5.20000% for a six-month term before settling at 5.10000% for twelve months. The rates for the United Arab Emirates Dirham (AED) and the Bahraini Dinar (BHD) also show varied interest rates across different terms, with AED rates reaching 3.15000% for a twelve-month deposit and BHD rates starting at 5.30000% for one month, decreasing to 4.83000% over a twelve-month term.